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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
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 $ 1,500,000 530,000 970,000 670,000 $ 300,000 $ 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% 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 5 187.000 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 (ie 1234 should be entered as 12.3)) Answer is complete but not entirely correct. Margin 30.5
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