Question: 00 A division's operating data for the past two years is as follows: Year 1 Year 2 14% 18% Return on investment Net operating income

00 A division's operating data for the past two years is as follows: Year 1 Year 2 14% 18% Return on investment Net operating income Turnover ? $180,000 ? 01:48:18 2 Margin 2 ? Sales $1,000,000 ? In Year 2 the margin was twice as much as the margin in Year 1. How much was the division's Net Operating Income for Year 1? Multiple Choice

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