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Business, 26.11.2019 23:31 griseldaguerree

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 ? 2 margin ? ? sales $ 1,600,000 ? the portland division's margin in year 2 was 150% of the margin for year 1. the net operating income for year 1 was:

multiple choice
a. $192,000
b. $128,000
c. $266,667
d. $208,000

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