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! 5 Required information The Foundational 15 (L010-1, L010-2) [The following information applies to the questions displayed below.) Westerville Company reported the following results from

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! 5 Required information The Foundational 15 (L010-1, L010-2) [The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: .02 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 1 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: 3 inces Sales Contribution margin ratio Fixed expenses $ 200,000 60 of sales $ 90,000 The company's minimum required rate of return is 15% Foundational 10-5 5. What is the turnover related to this year's investment opportunity? (Round your answer to 2 decimal places.) Tumowe 5. What is the turnover related to this year's Investment opportunity? (Round your answer to 2 decimal places.) Turnover 13. the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it eam this year? Podul income

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