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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$tabletable$$
Average operating assets
At the beginning of this year, the company has a $ investment opportunity with the following cost and revenue characteristics:
Sales
Contribution margin ratso
Fixed expenses
sales
The company's minimum required rate of return is
What is last year's turnover? Round your answer to decimal place
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