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 $1,500,000 650,000 850,080 580,000 $ 270,080 $ 1,200,000 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% 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 fl.e., 0.1234 should be considered as 12.3%.)) ROI 15 Required information [The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales $ 1,5ee,000 Variable expenses 650, see Contribution margin 858,88 Fixed expenses 588,888 Net operating income $ 270,000 Average operating assets $1,688,888 At the beginning of this year, the company has a $160,000 investm estment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 240,000 70 of sales $ 144,888 The company's minimum required rate of return is 10% 10-a. I Westerville's chief executive officer will earn a bonus only if her Rol from this year exceeds her Rol from last year, would she pursue the investment opportunity? Yes No 10-b. Would the owners of the company want her to pursue the investment opportunity? Yes No Required information [The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales $ 1,588,888 Variable expenses 650 gee Contribution margin 850,000 Fixed expenses 580, see Net operating incone $ 270,000 Average operating assets $1,800,000 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 4 of sales $ 144,000 The company's minimum required rate of return is 10% 11. What is last year's residual Income? Residual income Required information (The following information applies to the questions displayed below) Westerville Company reported the following results from last year's operations: Sales $1,500,000 Variable expenses 650,000 Contribution margin 850,000 Fixed expenses 580,000 Net operating income $ 270,000 Average operating assets $1,088,888 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,eee 70 % of sales $ 144,888 The company's minimum required rate of return is 10% 12. What is the residual income of this year's Investment opportunity? Residual income
