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Business, 09.12.2021 16:50 BreBreDoeCCx

The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 12% 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 average operating assets for Year 2 were: $1,000,000 $1,080,000 $1,200,000 $1,388,889

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