Question: The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 12% 36% Return on investment Net operating income

The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 12% 36% Return on investment Net operating income Turnover Margin Sales 2 $600,000 $3,320,000 04 Millard Division's margin in Year 2 was 150% of the margin in Year 1. The net operating income for Year 1 was

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