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sam3359 sam3359
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10 months ago

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

Year 1Year 2
Return on investment12%36%
Net operating income?$ 360,000
Turnover?3
Margin??
Sales$ 3,200,000?

Millard Division's margin in Year 2 was 150% of the margin in Year 1.

The turnover for Year 1 was:



▸ 1.2

▸ 1.5

▸ 3.0

▸ 4.0
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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ttoe81ttoe81
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10 months ago
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sam3359 Author
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10 months ago
Helped a lot
klyn
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Yesterday
Smart ... Thanks!
sakoon
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2 hours ago
Brilliant ツ
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