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 $1,000,000 300,000 Contribution margin Fixed expenses 700,000 500,000 Not operating income 200,000 Average operating Assets 5 625,000 This year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics Ele Contribution margin ratio Fixed expenses $200,000 60 of sales $ 90,000 The company's minimum required rate of return is 15% 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it ear this year? (Round your percentage answer to 1 decimal place le 1234 should be entered as 12.31) %