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A division's operating data for the past two years is as follows: Year 1 Return on investment 14% Net operating income 2 Turnover 2 Margin

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A division's operating data for the past two years is as follows: Year 1 Return on investment 14% Net operating income 2 Turnover 2 Margin 2 Sales $1,000,000 Year 2 18% $180,000 2 ? ? In Year 2 the margin was twice as much as the marginin Year 1. How much was the division's Net Operating Income for Year 1? Multiple Choice $140.000 $180,000 $90.000

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