Question: The Millard Division's operating data for the past two years are provided below: Year 1 158 ? Return on investment Net operating income Turnover Margin

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 1 158 ? Return on investment Net operating income Turnover Margin Sales Year 2 208 $400,000 5 ? ? ? $3,220,000 2 Millard Division's margin in Year 2 was 140% of the margin in Year 1. The net operating income for Year 1 was: (Round intermediate percentage computations to the nearest whole percent.) Multiple Choice $160,000 O O $96.600 O $128.800 $257,600

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