Question: Year 1 A division's operating data for the past two years is as follows: Year 2 Return on investment Net operating income $180.000 14% 18%

Year 1 A division's operating data for the past two years is as follows: Year 2 Return on investment Net operating income $180.000

Year 1 A division's operating data for the past two years is as follows: Year 2 Return on investment Net operating income $180.000 14% 18% Turnover ? 2 ? ? Margin Sales $1.000.000 ? In Year 2 the margin was twice as much as the margin in Year 1. How much was the division's Net Operating Income for Year 1? Multiple Choice $45,000 $140,000 $180,000 $90,000

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