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 Pixed expenses Net operating income Average operating assets $1,500,000 539,000 970,000 670,000 $ 300,000 s 937,500 At the beginning of this year, the company has a $212,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 340,000 70 # of sales $ 187,000 The company's minimum required rate of return is 10%. 8. If the company pursues the investment opportunity and otherwise performs the same as last year, what turnover will it earn this year? (Round your answer to 2 decimal places.)