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A division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 8% 12% ? $120,000 Net operating

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A division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 8% 12% ? $120,000 Net operating income Turnover 2 Margin ? ? Sales $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 Opera Sales $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 $60,000 O $30,000 O $120,000 O $80,000

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