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Westerville Company reported the following results from last year's operations:

Sales$1,200,000Variable expenses420,000Contribution margin780,000Fixed expenses600,000Net operating income$180,000Average operating assets$600,000

At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics:

Sales$220,000Contribution margin ratio60% of salesFixed expenses$99,000

The company's minimum required rate of return is 20%.

2. What is last year's turnover?(Round your answer to 1 decimal place.)