15 Part 9 of 15 0.45 points +Book Print References 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 Not operating income Average operating assets $ 1,200,000 420,000 780,000 600,000 $ 180,000 $ 600,000 At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $220,000 60 of sales $ 99,000 The company's minimum required rate of return is 20% 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earb this year? Note: Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%.) RO % 16 Part 10 of 15 0.45 points eBook Prit References Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,200,000 420,000 780,000 600,000 $ 180,000 $ 600,000 At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $220,000 60 of sales $ 99,000 The company's minimum required rate of return is 20%. 10-a. If Westerville's chief executive officer will earn a bonus only if her ROI from this year exceeds her ROI from last year, would she pursue the investment opportunity? O Yes O No 10-b. Would the owners of the company want her to pursue the investment opportunity? Yes 17 Part 11 of 15 0.45 points eBook Print References 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 $ 1,200,000 420,000 780,000 600,000 $ 180,000 $ 600,000 At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $220,000 $ 99,000 60 of sales The company's minimum required rate of return is 20% 11. What is last year's residual income? 18 Part 12 of 15 0.45 points ellook Print References 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 $ 1,200,000 420,000 780,000 600,000 $ 180,000 $ 600,000 At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $220,000 60 of sales $99,000 The company's minimum required rate of return is 20%. 12. What is the residual income of this year's investment opportunity? Residual income