CH 10 Virtual Recitation Exercise A Saved Part 8 of 15 Required information The Foundational 15 (LO10-1, LO10-2] The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: points eBook Sales $ 1,750,000 Variable expenses 520.000 Contribution margin 1,230,000 Fixed expenses 880,000 Net operating income $ 350,000 Average operating assetsS 875,000 Print At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: References Sales Contribution margin ratio Fixed expenses $ 320,000 60% of sales $ 128,000 The company's minimum required rate of return is 20%. Foundational 10-8 8. If the company pursues the investment opportunity and otherwise performs the same as last year, what turnover will it earn this year? (Round your answer to 2 decimal places.) Turnover