Question: Year 2 A division's operating data for the past two years is as follows: Year 1 Return on investment 12% Net operating income 2 Turnover

Year 2 A division's operating data for the past two years is as follows: Year 1 Return on investment 12% Net operating income 2 Turnover 16% $150.000 ? 2 ? 7 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 17 Multiple Choice $160,000 $80,000 $40,000 $120.000

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