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What the sales for year two were

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Reference no: EM132598909

The Millard Division's operating data for the past two years are provided below:

Year 1

Return on investment 10%

Net operating income ?

Turnover ?

Margin ?

Sales $3,240,000

Year 2

Return on investment 24%

Net operating income $440,000

Turnover 4

Margin ?

Sales ?

Millard Division's margin in Year 2 was 120% of the margin in Year 1.

Question 1: The sales for Year 2 were:

Multiple Choice

Option 1: $7,666,666

Option 2: $1,833,333

Option 3: $7,333,333

Option 4: $3,240,000

Reference no: EM132598909

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