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Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division New South Wales $ 5,600,000 Queensland Sales $ 3,400,000 Average operating assets Net operating income Property, plant, and equipment (net) 1,360,000 442,000 224,000 4,480,000 410,000 2, 200,000 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 New South Wales %

Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division New South Wales $ 5,600,000 Queensland Sales $ 3,400,000 Average operating assets Net operating income Property, plant, and equipment (net) 1,360,000 442,000 224,000 4,480,000 410,000 2, 200,000 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 New South Wales %

FINANCIAL ACCOUNTING
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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Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division New South Queensland Wales Sales $ 3,400,000 $ 5,600,000 Average operating assets Net operating income Property, plant, and equipment (net) 1,360,000 442,000 224,000 4,480,000 410,000 2,200,000 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 New South Wales
Transcribed Image Text:Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division New South Queensland Wales Sales $ 3,400,000 $ 5,600,000 Average operating assets Net operating income Property, plant, and equipment (net) 1,360,000 442,000 224,000 4,480,000 410,000 2,200,000 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 New South Wales
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