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1. What is last years margin? 2. What is last years turnover? (Round your answer to 1 decimal place.) 3. What is last years return
1. What is last years margin?
2. What is last years turnover? (Round your answer to 1 decimal place.)
3. What is last years return on investment (ROI)?
4. | What is the margin related to this years investment opportunity? |
Required information [The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: Sales 1,400,000 Variable expenses Contribution margin Fixed expenses 720,000 680,000 470,000 Net operating income 210,000 875,000 Average operating assets At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and revenue characteristics: $ 560,000 Sales Contribution margin ratio Fixed expenses 70% of sales 336,000 The company's minimum required rate of return is 15%
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