Question: 2 22 points 01:46:33 Skipped The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income

2 22 points 01:46:33 Skipped The Millard Division's operating data for the

2 22 points 01:46:33 Skipped The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income Turnover Margin Sales Year 11 10% Year 2 248 2 $ 560,000 2 2 $ 3,300,000 Millard Division's margin in Year 2 was 120% of the margin in Year 1. The net operating income for Year 1 was: 2 2 Multiple Choice $280,000 $165,000

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