Question: The Portland Division's operating data for the past two years is as follows: Year 1Year 2Return on investment5%12%Net operating income$?$450,000Turnover?2Margin??Sales$2,040,000? The Portland Division's margin in
The Portland Division's operating data for the past two years is as follows:
Year 1Year 2Return on investment5%12%Net operating income$?$450,000Turnover?2Margin??Sales$2,040,000?
The Portland Division's margin in Year 2 was 150% of the margin for Year 1.
The sales for Year 2 were:
$8,946,154
$5,850,000
$7,500,000
$7,100,000
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