Required Information The Foundational 15 (Algo) (LO10-1, LO10-2) [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 730,000 Contribution margin 770,000 Fixed expenses 470,000 Net operating income $ 300,000 Average operating ansets $ 937,500 At the beginning of this year, the company has a $362,500 Investment opportunity with the following cost and revenue characteristics: Salen $ 580,000 Contribution margin ratio 70 of sales Fixed expenses $ 319.000 The company's minimum required rate of return is 10%. Foundational 10-9 (Algo) 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (DC not round intermediate calculations. Round your percentage answer to 1 decimal place (.e., 0.1234 should be entered as 12.3).) ROI %