Question: 10 The Millard Division's operating data for the past two years are provided below: Return on investment 01:00:56 Skipped Net operating income Turnover Margin Sales
10 The Millard Division's operating data for the past two years are provided below: Return on investment 01:00:56 Skipped Net operating income Turnover Margin Sales Year 1 Year 2 109 248 ? $620,000 2 ? 2 $3,330,000 ? Millard Division's margin in Year 2 was 120% of the margin in Year 1. The net operating income for Year 1 was: (Round Intermediate percentage computations to the nearest whole percent.) Multiple Choice $310,000 $399,600 $199,800
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