Question: The Dry Wall Division reports the following operating data for the past two years: Year 1 Year 2 Margin 10% ? Asset Turnover 3.7

The Dry Wall Division reports the following operating data for the past two years: Year 1 Year 2 Margin 10% ? Asset Turnover 3.7

The Dry Wall Division reports the following operating data for the past two years: Year 1 Year 2 Margin 10% ? Asset Turnover 3.7 2 Average operating assets ? $156,000 Net operating income $46,000 ? Stockholders' equity $86,000 $131,000 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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