Question: Year 2 A division's operating data for the past two years is as follows: Year 1 Return on investment 10% Net operating income Turnover ?

Year 2 A division's operating data for the past two years is as follows: Year 1 Return on investment 10% Net operating income Turnover ? Margin ? Sales $1,000,000 ? 14% $140,000 2 ? 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 $70,000 $100,000 $140,000 $35.000

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