Reference: 12-11
the Millard Division's Operating Data for the Past

question 80

Multiple Choice

Reference: 12-11
The Millard Division's operating data for the past two years are provided below: $$\begin{array} { | l | l | l | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { Return on investment } & 12 \% & 36 \% \\\hline \text { Stockholders' equity } & \$ 800,000 & \$ 500,000 \\\hline \text { Net operating income } & ? & \$ 360,000 \\\hline \text { Turnover } & ? & 3 \\\hline \text { Margin } & ? & ? \\\hline \text { Sales } & 3,200,000 & ? \\\hline\end{array}$$ 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)$768,000.
• C)$384,000.
• D)$256,000.

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Definitions:

More Flexible

Describes the ability to move joints through their full range of motion with ease and without pain.

Morning

The first part of the day, following sunrise, often associated with the beginning of daily activities.

Ballistic Stretching

A form of stretching that involves rapid and bouncing movements to stretch the muscles beyond their usual range of motion.

Overstretching

Exceeding the normal length of muscles during a stretch, which can lead to injuries such as strains or tears.