Sales The Foundational 15 (Algo) LO10-1, LO10-2) The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations $ 1,750,000 Variable expenses 520,000 Contribution margin Fixed expenses 880,000 Net operating income $ 350, eee Average operating assets $ 875,000 At the beginning of this year, the company has a $200,000 Investment opportunity with the following cost and revenue characteristics 1,230,000 Sales $ 320,000 Contribution margin ratio 69 of sales Fixed expenses $ 120,000 The company's minimum required rate of return is 20% Foundational 10-7 (Algo) 7. If 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 (.e., 0.1234 should be entered as 12.3).) Moran %