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 income $ 1,900,000 550, 000 1,350,000 875,000 475,000 Average operating assets 1,187,500 At the beginning of this year, the company has a $237,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses 380,000 50% of sales 133,000 The company's minimum required rate of return is 10%. 7. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your percentage answer to 1 decimal place (i.e 1234 should be entered as 12.3)) in