Question: The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income Turnover Margin Sales Year 1 10%

provided below: Return on investment Net operating income Turnover Margin Sales Year

The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income Turnover Margin Sales Year 1 10% ? ? ? $3,210,000 Year 2 24% $380,000 4 ? ? Millard Division's margin in Year 2 was 120% of the margin in Year 1. The sales for Year 2 were: Multiple Choice $3,210,000 $6,333,333 $1,583,333 $6,666,666

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