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The Millard Division's operating data for the past two years are provided below: Year 1 15% ? Year 2 20% $580,000 Return on investment Net
The Millard Division's operating data for the past two years are provided below: Year 1 15% ? Year 2 20% $580,000 Return on investment Net operating income Turnover Margin Sales $3,310,000 Millard Division's margin in Year 2 was 100% of the margin in Year 1. The sales for Year 2 were: Multiple Choice 0 $4,350,000 O $3,310,000 $5,800,000 $6,133,333
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