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

A division's operating data for the past two years is as

A division's operating data for the past two years is as follows: Year 2 Year 1 10% Return on Investment 14% ? Net operating Income Turnover $140,000 2 ? Margin 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 $35,000 O $140,000 O $100,000 O $70,000

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