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

question 185

Multiple Choice

The Millard Division's operating data for the past two years are provided below:
$\begin{array}{l}\begin{array} { | l | r | r | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { Return on Investment } & 12 \% & 36 \% \\\hline \text { Shareholders' Equity } & \$ 800,000 & \$ 500,000 \\\hline \text { Operating Income } & ? & \$ 360,000 \\\hline \text { Turnover } & ? & 3 \\\hline \text { Margin } & ? & ? \\\hline \text { Sales } & \$ 3,200,000 & ? \\\hline\end{array}\\\text { Millard Division's margin in Year } 2 \text { was } 150 \% \text { of the margin in Year } 1 .\end{array}$


-What was the turnover for Year 1?

• A) 1.2.
• B) 1.5.
• C) 3.0.
• D) 4.0.

Relate macroeconomic policies and political stability to interest rates, exchange rates, and net exports.

Understand the relationship between real interest rates, net capital outflow, and exchange rates.

Evaluate the role and interaction of government budget deficits, investment, and savings in shaping economic outcomes.

Understand the concept and implications of "what-is-beautiful-is-good" stereotype.

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Definitions:

Serum Protein

Proteins present in blood serum, which include antibodies, albumin, and other globulins, playing roles in clotting, immune system function, and other processes.

Urine

Urine is a liquid waste product of the body that is excreted by the kidneys through the process of urination.

IVP

Intravenous pyelogram, a radiographic test that uses a contrast material to visualize and assess the kidneys, ureters, and bladder.

Meaning

The significance or definition of a word, phrase, symbol, or action.