Question: The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 1 0 % 2 4

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

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