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

A division's operating data for the past two years is as follows: Year 1 Year 2 10% 14% Return on investment ? $140,000 Net operating income Turnover ? 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 O $70,000 $35,000 ing ! 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 $70,000 0 $35,000 $100,000 $140,000
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