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Required information The Foundational 15 (LO10-1, 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 (LO10-1, 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 $ 1,000,000 300,000 700,000 500,000 $ 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 Fixed expenses $ 200,000 60 % of sales $ 90,000 The company's minimum required rate of return is 15%. Foundational 10-5 5. What is the turnover related to this year's investment opportunity? (Round your answer to 2 decimal places.) Turnover 2.50 Required information The Foundational 15 [LO10-1, 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 $ 1,000,000 300,000 700,000 500,000 $ 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 Fixed expenses $ 200,000 60 % of sales $ 90,000 The company's minimum required rate of return is 15%. 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.) ROI 37.5 %

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