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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

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 $ 1,400,000 510,000 890,000 610,000 $ 280,000 $ 875,000 At the beginning of this year, the company has a $175,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 280,000 50 % of sales $ 98,000 The company's minimum required rate of return is 15%.
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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: At the beginning of this year, the company has a $175,000 investment opportunity with the following cost and revenue characteristics: The company's minimum required rate of return is 15%. 2. What is last year's turnover? Note: Round your answer to 1 decimal place. 3. What is last year's return on investment (ROI)? 4. What is the margin related to this year's investment opportunity? 5. What is the turnover related to this year's investment opportunity? Note: Round your answer to 1 decimal place. 6. What is the ROI related to this year's investment opportunity

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