Selected operating data for two divisions of outback brewing, ltd., of australia are given below: division queensland new south wales sales $ 901,000 $ 2,480,000 average operating assets $ 530,000 $ 620,000 net operating income $ 54,060 $ 74,400 property, plant, and equipment (net) $ 248,000 $ 198,000 required: 1. compute the rate of return for each division using the return on investment (roi) formula stated in terms of margin and turnover. (round your answers to 2 decimal places.) 2. which divisional manager seems to be doing the better job? queensland division new south wales division

(1) 6%; 1.7; 10.20%

(2) 3%; 4; 12%

Explanation:

ROI = Margin × Turnover   (Note Margin in % and Turnover in Ratio)

Where,

Margin = Net operating income ÷ Sales  

Turnover = Sales ÷ Average operating assets

For Queensland:

Margin = 54,060 ÷ 901,000

            = 6% (approx)

Turnover = 901,000 ÷ 530,000

               = 1.7

ROI = 6% × 1.7

      = 10.20%

For New south wales:

Margin = 74,400 ÷ 2,480,000

            = 3% (approx)

Turnover = 2,480,000 ÷ 6,20,000

               = 4

ROI = 3% × 4

      = 12%

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

answer the amount a seller is paid minus the cost of production;