See problem below

5. Forrest Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $7,200,000 5.210,000 1,990,000 1,486,000 $504.000 $4,000,000 At the beginning of this year, the company has a $1,200,000 investment opportunity with the following characteristics: Sales $1,560,000 Contribution margin ratio 30% of sales $343,200 Fixed expenses The company's minimum required rate of return is 14%. Required: 1. What was last year's margin? (Round to the nearest 0.1%.) 2. What was last year's turnover? (Round to the nearest 0.01.) 3. What was last year's return on investment (ROI)? (Round to the nearest 0.1%.) 4. What is the ROI related to this year's investment opportunity? (Round to the nearest 0.1%.) 5. If Forrest's chief executive officer earns a bonus only if the ROI for this year exceeds the ROI for last year, would the CEO pursue the investment opportunity? 6. Would the owners of the company want the CEO to pursue the investment opportunity