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 $ 1,500,000 530,000 970,000 670,000 $ 300,000 Average operating asts 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%. 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 (i.e 1234 should be entered as 12.3)) rgin 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.) umover 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%.)) ROI 10-a. If Westerville's chief executive officer will earn a bonus only if her ROl from this year exceeds her ROI from last year, would she pursue the investment opportunity? Yes O No 0-b. Would the owners of the company want her to pursue the investment opportunity? O Yes No 11. What is last year's residual income? esidual income 12. What is the residual income of this year's investment opportunity? Residual income 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year? esidual income 14. If Westerville's chief executive officer will earn a bonus only if her residual income from this year exceeds her residual income from last year, would she pursue the investment opportunity? O Yes No