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questions displayed below.j Help Save & Exit Submit Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed

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questions displayed below.j Help Save & Exit Submit Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,200,000 420,000 780,000 600,000 $ 180,000 $ 600,000 At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio. Fixed expenses $220,000 60% of sales $ 99,000 The company's minimum required rate of return is 20%. Foundational 11-7 (Algo) 7. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your percentage answer to 1 decimal place (i.e .1234 should be entered as 12.3)) Margin %

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