Question: A division's operating data for the past two years is as follows: How much was the divisions Net Operating Income for Year 1? Multiple Choice
A division's operating data for the past two years is as follows:
How much was the divisions Net Operating Income for Year 1? Multiple Choice
$140,000
$45,000
$180,000
$90,000
| Year 1 | Year 2 | |
| Return on investment | 14% | 18% |
| Net operating income | ? | $180,000 |
| Turnover | ? | 2 |
| Margin | ? | ? |
| Sales | $1,000,000 | ? |
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