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17 Required information The Foundational 15 (L011-1, LO11-2] The following information applies to the questions displayed below. Westerville Company reported the following results from last
17 Required information The Foundational 15 (L011-1, LO11-2] The following information applies to the questions displayed below. Westerville Company reported the following results from last year's operations: Part 12 of 15 0.8 points Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets 812,500 $ 1,300,000 440,000 860,000 600, 000 $ 260,000 eBook Print At the beginning of this year, the company has a $162,500 investment opportunity with the following cost and revenue characteristics: References Sales Contribution margin ratio Fixed expenses $ 260,000 80% of sales $ 182,000 The company's minimum required rate of return is 15%. Foundational 11-12 12. What is the residual income of this year's investment opportunity
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