Chegg Study I Gu http://ezto.mh ducation com/hm.tp -0226978718 p c M ch 11 Review The following information applies to the questions displayed below Westerville Company reported the following results from last year's operations: $1,500,000 Sales 500,000 Variable expenses 1,000,000 Contribution margin 700,000 Fixed expenses 300,000 Net operating income $1,000,000 Average operating assets This year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics $300,000 Contribution margin ratio 60% of sales 132,000 Fixed expenses The company's minimum required rate of return is 10%