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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 12% 24% Net operating Income
The Portland Division's operating data for the past two years is as follows
Year 1 | Year 2 | |
Return on investment | 12% | 24% |
Net operating Income | ? | $288,000 |
Turnover | ? | ? |
Margin | ? | ? |
Sales | $1,600,000 | ? |
Portland Division's margin in Year 2 was 150% of the margin for Year 1:
The sales for year 2 were
a) 2,000,000
b) 2,400,000
c) 3,846,154
d) 750,000
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