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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 Net operating income Average operating assets $ 1,900,000 550,000 1,350,000 875,000 $ 475,000 $ 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%. 6. What is the ROI related to this year's investment opportunity? ROI %

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