Westerville Company reported the following results from last year s operations: Sales $ 1 , 9 0
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Question:
Westerville Company reported the following results from last years operations:
Sales $
Variable expenses
Contribution margin
Fixed expenses
Net operating income $
Average operating assets $
At the beginning of this year, the company has a $ investment opportunity with the following cost and revenue characteristics:
Sales $
Contribution margin ratio of sales
Fixed expenses $
The companys minimum required rate of return is
Foundational Algo
What is the turnover related to this years investment opportunity?
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