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Can you please also explain how you got the answer! O Required information The following information applies to the questions displayed below.) Westerville Company reported

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Can you please also explain how you got the answer!
O 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 margin Fixed expenses Net operating income Average operating assets $1,000,000 300,000 700,000 500,000 $ 200,000 $ 625,000 This year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales $200,000 Contribution margin ratio 60% of sales Fixed expenses $ 90,000 The company's minimum required rate of return is 15%, 3. What is last year's return on investment (RON? ROI % 10-a. If Westerville's chief executive officer will earn a bonus only if her Rol from this year exceeds her ROI from last year, would she pursue the investment opportunity? Yes No 10.b. Would the owners of the company want her to pursue the investment opportunity? Yes No

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