Question: A division's operating data for the past two years is as follows: Year 1 Return on investment Net operating income Turnover Margin Sales $1000,000 Year

A division's operating data for the past two years is as follows: Year 1 Return on investment Net operating income Turnover Margin Sales $1000,000 Year 2 18% $180,000 2 2 ? ? 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 $140,000 $45.000 590.000

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