Question: The Dry Wall Division reports the following operating data for the past two years: Margin Asset Turnover Average operating assets Net operating income Stockholders' equity

The Dry Wall Division reports the following operating data for the

The Dry Wall Division reports the following operating data for the past two years: Margin Asset Turnover Average operating assets Net operating income Stockholders' equity Sales Year 1 Year 2 18% ? 4.0 5 ? $157,500 $47,500 ? $87,500 $132,500 ? ? 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: Multiple Choice $882,900. $462,361. $290,000

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