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 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kindly answer the two questions below:
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F17bde065-257a-4f83-bb71-600c6c2bd242%2Fbac0c453-fe4b-4899-afcc-34efa2e1057a%2F1xhvgwe_processed.jpeg&w=3840&q=75)
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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