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The Portland Division's operating data for the past two years is as follows: Year 1Year 2Return on investment13%36%Net operating income$?$1,080,000Turnover?2Margin??Sales$1,650,000? The Portland Division's margin in
The Portland Division's operating data for the past two years is as follows:
Year 1Year 2Return on investment13%36%Net operating income$?$1,080,000Turnover?2Margin??Sales$1,650,000?
The Portland Division's margin in Year 2 was 150% of the margin for Year 1.
The net operating income for Year 1 was:
$297,000
$198,000
$1,058,667
$1,000,000
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