Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given bel Sales Average operating assets Queensland $ 1,711,0ee $ 590,000 Division New South Wales $ 2,832,000 $590,000 $ 113,280 Net operating income $ 102,660 Property, plant, and equipment (net) $ 259,000 $ 209,000 Required: 1. Compute each division's margin, turnover, and return on investment (ROI) 2 Which divisional manager is doing the better job?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1]
Selected operating data for two divisions of Outback Brewing. Limited, of Australia are given below:
Sales
Average operating assets
Queensland
$ 1,711,000
$ 590,000
Division
New South Wales
$ 2,832,000
$ 590,000
$ 113,280
Net operating income
$ 102,660
Property, plant, and equipment (net)
$ 259,000
$ 209,000
Required:
1. Compute each division's margin, turnover, and return on investment (ROI).
2 Which divisional manager is doing the better job?
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Comput each division's margin, turnover, and return on investment (ROI).
Note: Round your answers to 2 decimal places.
Queensland division
New South Wales division
Margin
Turnover
ROI
%
96
96
96
Required E
Required 2 >
Transcribed Image Text:Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two divisions of Outback Brewing. Limited, of Australia are given below: Sales Average operating assets Queensland $ 1,711,000 $ 590,000 Division New South Wales $ 2,832,000 $ 590,000 $ 113,280 Net operating income $ 102,660 Property, plant, and equipment (net) $ 259,000 $ 209,000 Required: 1. Compute each division's margin, turnover, and return on investment (ROI). 2 Which divisional manager is doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Comput each division's margin, turnover, and return on investment (ROI). Note: Round your answers to 2 decimal places. Queensland division New South Wales division Margin Turnover ROI % 96 96 96 Required E Required 2 >
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