Question: A division's operating data for the past two years is as follows: Year 1 Return on Investment 10% Year 2 14% $140,000 2 Net operating

A division's operating data for the past two years is as follows: Year 1 Return on Investment 10% Year 2 14% $140,000 2 Net operating income Turnover 7 7 7 Margin Sales $1,000,000 7 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 $140,000 $100,000 $35.000 $70,000

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