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What the average operating assets for year two were

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Reference no: EM132664563

The Portland Division's operating data for the past two years is as follows:

                                    Year 1             Year 2

Return on investment         11%                30%

Net operating income         $?               $462,000

Turnover                          ?                       2

Margin                               ?                     ?

Sales                          $2,560,000                ?

The Portland Division's margin in Year 2 was 150% of the margin for Year 1.

Problem 1: The average operating assets for Year 2 were

Reference no: EM132664563

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