Question: operating data for the past 2 years: profit margin ratio year 1 14% year 2 ? asset turnover year 1 4.5 year 2 ? divisional

operating data for the past 2 years: profit margin ratio year 1 14% year 2 ? asset turnover year 1 4.5 year 2 ? divisional assets year 1 ? year 2 160000 after tax income year 1 49400 year 2 ? stockholders' equity year1 90000 year 2 115000 sales year 1 ? year 2 ? the return on investment was exactly the same in year 1 and 2. what was the after tax income in year 2? 67200 100800 49400 45000

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