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

question 59

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 operating income for Year 1?

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

---

Definitions:

Bacillus Anthracis

A bacterium that causes anthrax, a serious infectious disease in humans and animals.

Gram-positive

Relating to a group of bacteria that retain the crystal violet stain used during the Gram staining method of bacterial differentiation, appearing purple under a microscope.

Gram-variable

Pertaining to bacteria that do not consistently stain either as Gram-positive or Gram-negative because of their cell wall composition variations.

Opaqueness

The quality of being difficult to see through or understand, often used to describe materials that are not transparent or clear communications.