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Managerial Accounting (ACC-2220) Westerville Company reported the following results from last year's operations: At the beginning of this year, the company has a $212,500 investment
Managerial Accounting (ACC-2220)
Westerville Company reported the following results from last year's operations: At the beginning of this year, the company has a $212,500 investment opportunity with the following cost and revenue characteristics: The company's minimum required rate of return is 10% ? Required: 1. What is last year's margin? 2. What is last year's turnover? (Round your answer to 1 decimal place.) 3. What is last year's return on investment (ROl)? (Round your intermediate colculations to 1 decimal place.) Step by Step Solution
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