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

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 s 3.200 Sales Millard Division's margin in Year 2 was 150% of the margin in Year 1 The turnover for Year 1 was: 1.2 1.5 4.0 3.0

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