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The Millard Division's operating data for the past two years are provided below: Year 1 10% ? Year 2 24% $680,000 Return on investment Net
The Millard Division's operating data for the past two years are provided below: Year 1 10% ? Year 2 24% $680,000 Return on investment Net operating income Turnover Margin Sales ? 4 ? ? $3,360,000 ? Millard Division's margin in Year 2 was 120% of the margin In Year 1. The sales for Year 2 were: Multiple Choice $2.833,333 $11,333,333 O $11,666,666 $3,360,000 O
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