Question: The Alpha Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment| 12% 36% Net operating income
The Alpha Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment| 12% 36% Net operating income ? $360,000 Turnover Margin Sales $3,200,000 Alpha Division's margin in Year 2 was 150% of the margin in Year 1. Required : a- Compute the sales for Year 2. b- Interpret the return on investment ROI for year 1. (3 marks) (2 marks)
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