Question
Westerville Company reported the following results from last years operations: Sales $ 1,500,000 Variable expenses 500,000 Contribution margin 1,000,000 Fixed expenses 700,000 Net operating income
| Westerville Company reported the following results from last years operations: |
| Sales | $ | 1,500,000 |
| Variable expenses | 500,000 | |
| Contribution margin | 1,000,000 | |
| Fixed expenses | 700,000 | |
| Net operating income | $ | 300,000 |
| Average operating assets | $ | 1,000,000 |
| This year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: |
| Sales | $ | 300,000 | |
| Contribution margin ratio | 60 | % of sales | |
| Fixed expenses | $ | 132,000 | |
| The companys minimum required rate of return is 10%. |
OUESTION: (this is a percentage) please show details
| 4. | What is the margin related to this years investment opportunity? |
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Conducting An Institutional Diversity Audit In Higher Education A Practitioners Guide To Systematic Diversity Transformation
Authors: Edna Chun, Alvin Evans, Benjamin D. Reese
1st Edition
1620368196, 978-1620368190
