Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division Queensland $ 1,302,000 $ 620,000 $ 71,610 $ 239,000 New South Wales $ 2,444,000 $ 520,000 $ 61,100 $ 189,ᎾᎾᎾ Required: 1. Compute each division's margin, turnover, and return on investment (ROI). 2. Which divisional manager seems to be doing the better job?

Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division Queensland $ 1,302,000 $ 620,000 $ 71,610 $ 239,000 New South Wales $ 2,444,000 $ 520,000 $ 61,100 $ 189,ᎾᎾᎾ Required: 1. Compute each division's margin, turnover, and return on investment (ROI). 2. Which divisional manager seems to be doing the better job?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Kindly answer the two questions below: Thank you
Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division Sales Average operating assets Net operating income Property, plant, and equipment (net) Queensland New South Wales Required: 1. Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Rate of Return Queensland Queens land $4,000,000 2,000,000 % % News South Wales 440,000 396,000 2. Which divisional manager seems to be doing the better job? New South Wales $6,600,000 4,400,000 410,000 1,800,000
Subject - account Please help me. Thankyou.
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