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A division's operating data for the past two years is as follows: Year 2 Return on investment Net operating income Turnover Margin Sales Year 1
A division's operating data for the past two years is as follows: Year 2 Return on investment Net operating income Turnover Margin Sales Year 1 14% ? ? ? $1,000,000 18% $180,000 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
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