Question: The Dry Wall Division reports the following operating data for the past two years: Year 1 Year 2 Margin 10 % ? Asset Turnover 3.6

The Dry Wall Division reports the following operating data for the past two years:

Year 1 Year 2
Margin 10 % ?
Asset Turnover 3.6 2
Average operating assets ? $ 155,500
Net operating income $ 45,500 ?
Stockholders equity $ 85,500 $ 130,500
Sales ? ?

The return on investment at the Dry Wall Division was exactly the same in Year 1 and Year 2. Sales in Year 2 amounted to:

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