10 Foundational 15 i Submitted 3/15 Total points awarded Help E of 15 warded red look rint rences Required information The Foundational 15 (Algo) [LO10-1, LO10-2] [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 $ 1,500,000 650,000 850,000 580,000 $ 270,000 $ 1,000,000 At the beginning of this year, the company has a $160,000 investment opportunity with the following cost and revenue characteristics: Sales $ 240,000 Contribution margin ratio Fixed expenses 70 % of sales $ 144,000 The company's minimum required rate of return is 10%. S W < Prev 456 15 of 15 Next > 2