Part 1 of 1 points Required Information The Foundational 15 (Algo) (L010-1, LO10-2) [The following information applies to the questions displayed below! Westerville Company reported the following results from last year's operations Sales 5 2.200.000 Var Lable expenses 660.000 Contribution margin 1.500.000 Fixed expenses L100,000 Net operating income 440.000 Average operating asseto $1,315.000 At the beginning of this year, the company has a $275,000 investment opportunity with the following cost and revenue characteristics: book References Sales Contribution margin ratio Fixed expenses 440.000 60 of sales 220.000 The company's minimum required rate of return is 15% Foundational 10-1 (Algo) Foundational 10-1 (Algo) Required: 1. What is last year's margin? Margin % The company's minimum required rate of return is 15%. Foundational 10-2 (Algo) 2. What is last year's turnover? (Round your answer to 1 decimal plac Tumover