Question: The Millard Division's operating data for the past two years are provided below: Year 1 15% Year 2 20% $760,000 2 Return on investment Net

The Millard Division's operating data for the past two years are

provided below: Year 1 15% Year 2 20% $760,000 2 Return on

The Millard Division's operating data for the past two years are provided below: Year 1 15% Year 2 20% $760,000 2 Return on investment Net operating income Turnover Margin Sales ? ? ? ? $3,400,000 n. Millard Division's margin in Year 2 was 100% of the margin in Year 1. The sales for Year 2 were: Multiple Choice $5,700,000 $7,600,000 $7933,333 $3,400,000

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