The Millard Division's operating data for the past two years are provided below:

Year 1 Year 2

Return on investment 12% 36%

stockholder's equity $800,000 $500,000

net operating income ? $360,000

Turnover ? 3

marigin ? ?

sales $3200,000 ?

Millard Division's margin in Year 2 was 150% of the margin in Year 1.

The turnover for Year 1 was?

Question 9 options:

1.2.

1.5.

3.0.

4.0.