Required information The Foundational 15 (L010-1, LO10-2] [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 $1,000,000 300,eee 700, eee 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $200,000 60% of sales $ 90,000 The company's minimum required rate of return is 15%, Foundational 10-1 Required: 1. What is last year's margin? Margin % Foundational 10-2 2. What is last year's turnover? (Round your answer to 1 decimal place.) Turnover Foundational 10-3 A 3. What is last year's return on investment (ROI)? (Round your intermediate calculations to 1 decimal place.) ROI % Foundational 10-4 4. What is the margin related to this year's investment opportunity? Margin % Foundational 10-5 5. What is the turnover related to this year's investment opportunity? (Round your answer to 2 decimal places.) Turnover Foundational 10-6 6. What is the ROI related to this year's investment opportunity? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) ROL % Foundational 10-7 7 Ir 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. 0.1234 should be entered as 12.3).) % Foundational 10-8 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 10-9 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will itear this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place (ie. 0.1234 should be entered as 12.3).) ROL Foundational 10-11 11. What is last year's residual income? Residual income