The Millard Division's operating data for the past two years are provided below: Year 1Year 2Return on investment 12% 36%Net operating income ? $360,000 Turnover ? 3 Margin ? ? Sales$3,200,000 ? Millard Division's margin in Year 2 was 150% of the margin in Year 1.The turnover for Year 1 was:
A. 1.5
B. 4.0
C. 1.2
D. 3.0
Answer: A
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