Required information The Foundational 15 (Static) [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 incone 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 10-2 (Static) 2. What is last year's turnover? (Round your answer to 1 decimal place.) Turnover 1,000,000.0