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The Portland Division's operating data for the past two years is as follows: Year 1 Year...

The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 10 % 21 % Net operating income $ ? $ 430,500 Turnover ? 2 Margin ? ? Sales $ 2,040,000 ? The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The turnover for Year 1 was: 1.70 9.00 2.35 1.43

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Answer The Correct Option is 1.43 Explanations Year 2 ROI - Year 2 Margin x Year 2 Turnover 219-Year 2 Margin x 2 Year 2 Margin-21% / 2-10.5% Year 2 Margins 150% x Year 1 Margin 10.5% = 150% x Year 1 Margin Year 1 Margin-10.5% / 150% 796 Year 1 ROI-Year 1 Margin x Year 1 Turnover Year 1 Turnover 10% / 7% 10%-7% x Year 1 Turnover

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