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The Foundational 15 (Algo) (L010-1, LO10-2) [The following information applies to the questions displayed below) Westerville Company reported the following results from last year's operations:

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The Foundational 15 (Algo) (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 $1,750,000 Variable expenses 520,000 Contribution margin 1,230,000 Tixed expenses 880,000 Mot operating income $ 350,000 Average operating asset. $175,000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: Sales $320,000 Contribution margin ratio 60 of sales Fixed expenses $ 120,000 The company's minimum required rate of return is 20% Foundational 10-8 (Algo) B. If the company pursues the Investment opportunity and otherwise performs the same as last year, what turnover will it earn this year? (Round your answer to 2 decimal places.) Tumover

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