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The Dry Wall Division Reports the Following Operating Data for the Past

question 82

Multiple Choice

The Dry Wall Division reports the following operating data for the past two years:
 Margin  Year 1  Year 2  Turnourer 16%? Average operating assets 2.52 Net operating income $40,000? Stockholders’ equity $80,000$125,000 Sales ??\begin{array} { | l | r | r | } \hline \text { Margin } & \text { Year 1 } & \text { Year 2 } \\\hline \text { Turnourer } & 16 \% & ? \\\hline \text { Average operating assets } & 2.5 & 2 \\\hline \text { Net operating income } & \$ 40,000 & ? \\\hline \text { Stockholders' equity } & \$ 80,000 & \$ 125,000 \\\hline \text { Sales } & ? & ? \\\hline\end{array} The return on investment at the Dry Wall Division was exactly the same in Year 1 and Year 2.Net operating income in Year 2 amounted to:


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