1. What is last years margin?

2. What is last years turnover?

3. What is last years return on investment (ROI)?

11. What is last years residual income?

12. What is the residual income of this years investment opportunity?

Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,000,000 300,000 700,000 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 200,000 60% of sales $ 90,000 The company's minimum required rate of return is 15%