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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

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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 anseta $ 1,000,000 300,000 700,000 500,000 $ 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 Tixed expenses $ 200,000 60 of sales $ 90,000 The company's minimum required rate of return is 15%

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