Questions 1 15 (of 15) The following information applies to the questions displayed below. Westerville Company reported the following results from last year's operations: Sales $1,200,000 Variable expenses 320,000 Contribution margin 880,000 Fixed expenses 640,000 228,000 Net operating income 600,000 Average operating assets This year, the company has a $150,000 investment opportunity with the following cost and revenue characteristics: $240,000 Sales 50% of sales Contribution margin ratio 84.000 Fixed expenses The company's minimum required rate of return is 15%. MacBook A