Check m 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 $ 2,000,000 640,000 1,360,000 860,000 $ 500,000 Average operating assets 1,250,000 At the beginning of this year, the company has a $250,000 investment opportunity with the following cost and revenue characteristics: 400,000 Sales Contribution margin ratio Fixed expenses 70% of sales 220,000 The company's minimum required rate of return is 10%. 7. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it this year? (Round your percentage answer to 1 decimal place (i.e 1234 should be entered as 12.3)