Check my work t 9 of 15 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 Book Sales Variable expenses Contribution margin Tixed expenses Net operating Income Average operating assets Print $ 2,200,000 660.000 1.540.000 1.100.000 440.000 11.375.000 ferences At the beginning of this year, the company has a $275,000 investment opportunity with the following cost and revenue characteristics: Sales $ 480,000 Contribution margin ratio 60 osales Fixed expenses $ 220,000 The company's minimum required rate of return is 15% Foundational 10-9 (Algo) LA expenses $ 220,000 The company's minimum required rate of return is 15%. Foundational 10-9 (Algo) 9. If the company pursues the Investment opportunity and otherwise performs the same as last year, what Rol will it earn this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimpul place (ie., 0.1234 should be entered as 12:31 1 RO % eBook The company's minimum required rate of return is 15%. Print References Foundational 10-11 (Algo) 11. What is last year's residual income? Residual income Mcill Graw Me GEW HII MacBook Air Check my work t 9 of 15 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 Book Sales Variable expenses Contribution margin Tixed expenses Net operating Income Average operating assets Print $ 2,200,000 660.000 1.540.000 1.100.000 440.000 11.375.000 ferences At the beginning of this year, the company has a $275,000 investment opportunity with the following cost and revenue characteristics: Sales $ 480,000 Contribution margin ratio 60 osales Fixed expenses $ 220,000 The company's minimum required rate of return is 15% Foundational 10-9 (Algo) LA expenses $ 220,000 The company's minimum required rate of return is 15%. Foundational 10-9 (Algo) 9. If the company pursues the Investment opportunity and otherwise performs the same as last year, what Rol will it earn this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimpul place (ie., 0.1234 should be entered as 12:31 1 RO % eBook The company's minimum required rate of return is 15%. Print References Foundational 10-11 (Algo) 11. What is last year's residual income? Residual income Mcill Graw Me GEW HII MacBook Air
