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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)? (Round your intermediate calculations to 1 decimal place.)
4. What is the margin related to this years investment opportunity?
5. What is the turnover related to this years investment opportunity? (Round your answer to 1 decimal place.)
Required information The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets 1,400,000 510,000 890,000 610,000 $ 280,000 875, 000 At the beginning of this year, the company has a $175,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 280,000 50% of sales $ 98,000 The company's minimum required rate of return is 15%Step by Step Solution
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