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Required information The Foundational 15 (Algo) (LO11-1, LO11-2] [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) (LO11-1, LO11-2] [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 $1,500,000 500,000 1,000,000 700,000 $ 300,000 $ 1,000,000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 300,000 60 # of sales $ 132,000 The company's minimum required rate of return is 10%. Required: 1. What is last year's margin? Margin % Foundational 11-2 (Algo) 2. What is last year's turnover? (Round your answer to 1 decimal place.) Turnover Foundational 11-3 (Algo) 3. What is last year's return on investment (ROI)? ROI % Foundational 11-4 (Algo) 4. What is the margin related to this year's investment opportunity? Margin % Foundational 11-5 (Algo) 5. What is the turnover related to this year's Investment opportunity? (Round your answer to 1 decimal place.) Turnover Foundational 11-6 (Algo) 6. What is the ROI related to this year's investment opportunity? ROI % Foundational 11-7 (Algo) 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 (le 1234 should be entered as 12.3)) Margin Foundational 11-8 (Algo) 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.) Turnover Foundational 11-9 (Algo) 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%.)) ROI % Foundational 11-11 (Algo) 11. What is last year's residual income? Residual income Foundational 11-12 (Algo) 12. What is the residual income of this year's investment opportunity? Residual income Foundational 11-13 (Algo) 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year? Residual income

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