Question
The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 13 % 30 % Net
The Portland Division's operating data for the past two years is as follows:
| Year 1 | Year 2 | |||||
| Return on investment | 13 | % | 30 | % | ||
| Net operating income | $ | ? | $ | 600,000 | ||
| Turnover | ? | 2 | ||||
| Margin | ? | ? | ||||
| Sales | $ | 1,810,000 | ? | |||
|
| ||||||
The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The sales for Year 2 were:
$3,600,000
$5,446,154
$2,350,000
$4,000,000
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Proli Footwear Inc An Audit And Fraud Simulation For Team Based Student Learning
Authors: Prof Richard J. Proctor CPA, Prof Patricia M. Poli Phd
2nd Edition
0615455492, 978-0615455495
