The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 15 % 20 % Net operating income ? $ 400,000 Turnover ? 2 Margin ? ? Sales $ 3,220,000 ? Millard Division's margin in Year 2 was 100% of the margin in Year 1. The sales for Year 2 were:
The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 15 % 20 % Net operating income ? $ 400,000 Turnover ? 2 Margin ? ? Sales $ 3,220,000 ? Millard Division's margin in Year 2 was 100% of the margin in Year 1. The sales for Year 2 were:
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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The Millard Division's operating data for the past two years are provided below:
| Year 1 | Year 2 | |||||
| 15 | % | 20 | % | |||
| Net operating income | ? | $ | 400,000 | |||
| Turnover | ? | 2 | ||||
| Margin | ? | ? | ||||
| Sales | $ | 3,220,000 | ? | |||
Millard Division's margin in Year 2 was 100% of the margin in Year 1.
The sales for Year 2 were:
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