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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

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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: At the beginning of this year, the company has a $362,500 investment opportunity with the following cost and revenue characteristics: The companys minimum required rate of return is 10%. At the beginning of this year, the company has a $362,500 investment opportunity with the following cost an characteristics: The company's minimum required rate of return is 10%. Foundational 10-3 (Algo) What is last year's return on investment (RO)? (Round your intermediate calculations to 1 decimal place.)

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