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 $ 1,500,000 650,000 850,000 580,000 $ 270,000 At the beginning of this year, the company has a $160,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 240,000 70 % of sales $ 144,000 The company's minimum required rate of return is 10%. Required: 1. What is last year's margin? Margin 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 1,500,000 650,000 850,000 580,000 270,000 1,000,000 $ At the beginning of this year, the company has a $160,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $ 240,000 70 % of sales $ 144,000 The company's minimum required rate of return is 10% 2. What is last year's turnover? (Round your answer to 1 decimal place) Turnover 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 1,500,000 650,000 850,000 580,000 270,000 1,000,000 $ At the beginning of this year, the company has a $160,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 240,000 70 % of sales $ 144,000 The company's minimum required rate of return is 10% 3. What is last year's return on investment (ROI)? ROID %