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of 15 530,000 970,000 670,000 [The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales
of 15 530,000 970,000 670,000 [The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales $ 1,500,000 Variable expenses Contribution margin Fixed expenses Net operating income $ 300,000 Average operating assets $ 937,500 At the beginning of this year, the company has a $212,500 investment opportunity with the following cost and revenue characteristics Sales $ 340,000 Contribution margin ratio 70 % of sales Fixed expenses $ 187,000 The company's minimum required rate of return is 10% BOOK Print erences Foundational 10.5 (Algo) 5. What is the turnover related to this year's investment opportunity? (Round your answer to 1 decimal place.) Turtlover 25.3
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