Question
3. The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 6 % 9 %
3.
The Portland Division's operating data for the past two years is as follows:
| Year 1 | Year 2 | |||||
| Return on investment | 6 | % | 9 | % | ||
| Net operating income | $ | ? | $ | 306,000 | ||
| Turnover | ? | 2 | ||||
| Margin | ? | ? | ||||
| Sales | $ | 2,280,000 | ? | |||
|
| ||||||
The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The net operating income for Year 1 was:
$284,667
$226,000
$102,600
$68,400
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Strategic Pricing And Management Accounting
Authors: David Dugdale
1st Edition
78-1032224824, 1032224827
