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The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 5 % 12 % Net
The Portland Division's operating data for the past two years is as follows:
| Year 1 | Year 2 | |||||
| Return on investment | 5 | % | 12 | % | ||
| Net operating income | $ | ? | $ | 450,000 | ||
| Turnover | ? | 2 | ||||
| Margin | ? | ? | ||||
| Sales | $ | 2,040,000 | ? | |||
The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The turnover for Year 1 was:
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Auditing Transformation Regulation Digitalisation And Sustainability
Authors: Jan Marton, Fredrik Nilsson, Peter Öhman
1st Edition
103253303X, 978-1032533032
