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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

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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

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