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4 rt 4 of 15 3 nts: 04:04:32 eBook Print References [The following information applies to the questions displayed below.] Westerville Company reported the
4 rt 4 of 15 3 nts: 04:04:32 eBook Print References [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 $ 1,000,000 300,000 700,000 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 200,000 60 of sales $ 90,000 The company's minimum required rate of return is 15%. Foundational 11-4 (Static) 4. What is the margin related to this year's investment opportunity? Margin %
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