Selected operating data for two divisions of Outback Brewing. Ltd. of Australia are given below:
|Division Queensland||New South Wales|
|Average operating assets||$2,000,000||$2,000,000|
|Net operating income||$360,000||$420,000|
|Property, plant and equipment||$950,000||$800,000|
- Compute the rate of return (or each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round Turnover answers to 1 decimal place)
- Which division seems to be doing a better job?