Queensland - Sales 4,000,000 , Average operating assets 2,000,000 , Net operating income 360,000 , Property plant and equip 950,000
New South Wales - Sales 7,000,000 , Average operating assets 2,000,000 , Net operating income 420,000 , Property plant and equip 800,000
1.Compute the rate of return for each divison using the return on investment formula stated in terms of margin and turnover.
2. Which divisional manager seems to be doing the better job?