Raphael Incorporated reported the following results from last year$$s operations:

Sales $$11,400,000$

Variable expenses $7,480,000$

Contribution margin $3,920,000$

Fixed expenses $3,008,000$

Net operating income $$912,000$

Average operating assets $$6,000,000$

At the beginning of this year, the company has a $$1,800,000$ investment opportunity with the following characteristics:

Sales $$3,600,000$

Contribution margin ratio $40\%$ of sales

Fixed expenses $$1,116,000$

The company$$s minimum required rate of return is $14\%.$

Required: $30$ points

$1.$ What was last year$$s margin? $($Round to the nearest $0\mathrm{.}1\%.)$

$2.$ What was last year$$s turnover? $($Round to the nearest $0\mathrm{.}01.)$

$3.$ What was last year$$s return on investment $($ROI$)?($Round to the nearest $0\mathrm{.}1\%.)$

$4.$ What is the margin related to this year$$s investment opportunity? $($Round to the nearest $0\mathrm{.}1\%.)$

$5.$ What is the turnover related to this year$$s investment opportunity? $($Round to the nearest $0\mathrm{.}01.)$

$6.$ What is the ROI related to this year$$s investment opportunity? $($Round to the nearest $0\mathrm{.}1\%.)$

$7.$ If the company pursues the investment opportunity and otherwise performs the same as last year, what will be the overall margin this year? $($Round to the nearest $0\mathrm{.}1\%.)$

$8.$ If the company pursues the investment opportunity and otherwise performs the same as last year, what will be the overall turnover this year? $($Round to the nearest $0\mathrm{.}01.)$

$9.$ If the company pursues the investment opportunity and otherwise performs the same as last year, what will be the overall ROI will this year? $($Round to the nearest $0\mathrm{.}1\%.)$

$10.$ If Raphael$$s chief executive officer earns a bonus only if the ROI for this year exceeds the ROI for last year, would the CEO pursue the investment opportunity and WHY or WHY NOT?

$11.$ Would the owners of the company want the CEO to pursue the investment opportunity and WHY or WHY NOT?

$12.$ What was last year$$s residual income?

$13.$ What is the residual income of this year$$s investment opportunity?

$14.$ If the company pursues the investment opportunity and otherwise performs the same as last year, what will be the overall residual income this year?

$15.$ If Raphael$$s CEO earns a bonus only if residual income for this year exceeds residual income for last year, would the CEO pursue the investment opportunity, WHY or WHY NOT?