Chec The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: Part 9 of 15 Sales Variable expenses Contribution margin Fixed expenses Net operating income 1,500,000 530,000 970,000 670.000 $300,000 0.66 points Average operating assets 937,500 eBook Print References At the beginning of this year, the company has a $212,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses 340,000 70% of sales 187,000 The company's minimum required rate of return is 10%. 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROl will it earn this year? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%.))