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Required information [ The following information applies to the questions displayed below ] Westerville Company reported the following results from last year's operations: Sales Variable

Required information
[The following information applies to the questions displayed below]
Westerville Company reported the following results from last year's operations:
Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating incone
\table[[$1,\table[[000,600],[300,000]]],[,\table[[700,000],[500,060]]],[$,200,600],[$,625]]
Average operating assets
At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics:
Sales
Contribution margin ratso
Fixed expenses
{:[200,600]60$90,000xof sales
The company's minimum required rate of return is 15%.
2 What is last year's turnover? (Round your answer to 1 decimal place)
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