1. The Portland Division's operating data for the past two years is as follows:

		Year 1			Year 2
Return on investment		10	%		21	%
Net operating income	$	?		$	430,500
Turnover		?			2
Margin		?			?
Sales	$	2,040,000			?

The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The average operating assets for Year 2 were:

$1,600,000

$1,250,000

$2,050,000

$1,650,000

2. Cabal Products is a division of a major corporation. Last year the division had total sales of $13,041,600, net operating income of $626,340, and average operating assets of $4,290,000. The company's minimum required rate of return is 14%. The division's turnover is closest to:

2.72

17.77

.68

3.04