# Question

The Reed Division reports the following operating data for the past two years:

The return on investment at Reed was exactly the same in Year 1 and Year 2.

1. The margin in Year 2 was:

A. 48%

B. 32%

C. 20%

D. 10%

2. Sales in Year 2 amounted to:

A. $250,000

B. $300,000

C. $325,000

D. $350,000

3. Average operating assets in Year 1 were:

A. $160,000

B. $150,000

C. $125,000

D. $100,000

4. Net operating income in Year 2 amounted to:

A. $60,000

B. $50,000

C. $40,000

D.$35,000

The return on investment at Reed was exactly the same in Year 1 and Year 2.

1. The margin in Year 2 was:

A. 48%

B. 32%

C. 20%

D. 10%

2. Sales in Year 2 amounted to:

A. $250,000

B. $300,000

C. $325,000

D. $350,000

3. Average operating assets in Year 1 were:

A. $160,000

B. $150,000

C. $125,000

D. $100,000

4. Net operating income in Year 2 amounted to:

A. $60,000

B. $50,000

C. $40,000

D.$35,000

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