2 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 sargin Fixed expenses Net operating income Average operating assets $1,200,000 320,000 880,000 540, $ 240,000 5 500,000 At the beginning of this year, the company has a $150,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $ 240,000 50 of sales 534,000 The company's minimum required rate of return is 15% Z if the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your percentage answer to 1 decimal place (le 1234 should be entered as 12.31)