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6 Part 6 of 15 points eBook Print References Required information The Foundational 15 (Algo) [LO10-1, LO10-2) [The following information applies to the questions
6 Part 6 of 15 points eBook Print References Required information The Foundational 15 (Algo) [LO10-1, LO10-2) [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 $ 2,200,000 660,000 1,540,000 1,100,000 $440,000 $1,375,000 At the beginning of this year, the company has a $275,000 investment opportunity with the following cost and revenue characteristics: Sales $440,000 Contribution margin ratio 60% of sales Fixed expenses $220,000 The company's minimum required rate of return is 15% Foundational 10-6 (Algo) 6. What is the ROI related to this year's investment opportunity? (Do not round intermediate calculations.) ROI
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