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A division's operating dala for the past two years is as follows: Year 1 14% Year 2 18% $180,000 Return on investment Net operating Income
A division's operating dala for the past two years is as follows: Year 1 14% Year 2 18% $180,000 Return on investment Net operating Income Turnover Margin Sales 7 2 ? $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 $180,000 $45,000 $140,000 O O $90.000
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