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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 expenses

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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 expenses Contribution margin Fixed expenses $ 1,500,000 530,000 970,000 670,000 Net operating income $ 300,000 Average operating assets 937,500 At the beginning of this year, the company has a $212,500 Investment opportunity with the following cost and revenue characteristics: Sales $ 340,000 Contribution margin ratio 70% of sales $ 187,000 Fixed expenses The company's minimum required rate of return is 10%. 6. What is the ROI related to this year's investment opportunity? (Do not round intermediate calculations.) [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 $ 1,500,000 530,000 970,000 670,000 $ 300,000 Average operating assets $ 937,500 At the beginning of this year, the company has a $212,500 Investment opportunity with the following cost and revenue characteristics: Sales Fixed expenses $ 340,000 Contribution margin ratio: 70% of sales $ 187,000 The company's minimum required rate of return is 10%. 13. If the company pursues the Investment opportunity and otherwise performs the same as last year, what residual Income will it ear this year?

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