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

A division's operating data for the past two years is as follows: Year 1 Year 2 Return on Investment 14% 18% ? Net operating income Turnover Margin $180,000 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 $180,000 $45,000 $140,000 $90,000

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