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The Millard Division's Operating Data for the Past Two Years

Question 98

Multiple Choice

The Millard Division's operating data for the past two years are provided below: The Millard Division's operating data for the past two years are provided below: Millard Division's margin in Year 2 was 150% of the margin in Year 1. The net operating income for Year 1 was: A) $240,000 B) $256,000 C) $384,000 D) $768,000 Millard Division's margin in Year 2 was 150% of the margin in Year 1.
The net operating income for Year 1 was:


A) $240,000
B) $256,000
C) $384,000
D) $768,000

Correct Answer:

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