Question: The Millard Division's operating data for the past two years are provided below: Year 2 Return on investment Net operating income Turnover 20% S 640,000

The Millard Division's operating data for the past two years are provided below: Year 2 Return on investment Net operating income Turnover 20% S 640,000 Sales $3,340,000 Millard Division's margin in Year 2 was 120% of the margin in Year 1. The net operating income for Year 1 was: The net operating income for Year 1 was: Multiple Choice $256,000 o $100,200 O $133,600 O $267,200

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