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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 $1,400, 000 Variable
Required information The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations Sales $1,400, 000 Variable expenses Contribution margin Fixed expenses Net operating income 680, 000 470,000 210,000 Average operating assets 875,000 At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and revenue characteristics: s560, 000 Sales Contribution margin ratio Fixed expenses 70% of sales $ 336, 000 The company's minimum required rate of return is 15% 9. lf the company pursues the investment opportunity and otherwise performs the same as last year, what ROl willit earn not round intermediate calculations. this year? (Do Round your percentage answer to 1 decimal place (i.e., 01234 should be considered as 12.3) Required information The following information applies to the questions displayed below Westerville Company reported the following results from last year's operations: Salea Variable expensea Contribution margin Fixed expenses Net operating incone 1,400,000 720, 000 680, 000 4TO, DDD 210, D00 Average operating assets 875,00 At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and r characteristics 560, 000 Salea Contribution margin ratio Fixed expenses 70% of 8alen 336, 000 The company's minimum required rate of return is 15%. from this year exceeds her ROl from last year, would she le's chief executive officer ill earn a bonus only if her ROl 10-a. If Westerville's executive pursue the investment opportunity? O Yes O No 10-b. Would the owners of the company want her to pursue the investment opportunity? O Yes O No Required information The following information applies to the questions displayed below] Westerville Company reported the following results from last year's operations $ 1,400,000 720,000 680,000 470,000 s210,000 Sales Variable expenses on nargin Net operating income operating assets 875,000 At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and revenue characteristics: Sales $ 560, o00 336,000 atio 0t of sales The company's minimum required rate of return is 15%. 11 What is last year's residual income
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