Required info for all Qs

Q1

What is the turnover related to this years investment opportunity? (round answer to 1 decimal place)

Q2

If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year?

Q3

If the company pursues the investment opportunity and otherwise performs the same as last year, what turnover will it earn this year?

Q4

What is the residual income of this years investment opportunity?

Q5

If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year?

The following information applies to the questions displayed below Westerville Company reported the following results from last year's operations: $ 1, 200, 000 320,000 880, 000 640,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 240, 000 600, 000 Average operating assets $ At the beginning of this year, the company has a $150,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 240, 000 50% of sales S 84,000 The company's minimum required rate of return is 15%