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Westerville Company reported the following results from last years operations. 1,800,000 Sales 740,000 Variable expenses Contribution margin 1,060,000 700,000 Fixed expenses 360,000 Net operating income

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Westerville Company reported the following results from last years operations. 1,800,000 Sales 740,000 Variable expenses Contribution margin 1,060,000 700,000 Fixed expenses 360,000 Net operating income 200,000 Average operating assets This year, the company has a $400,000 investment opportunity with the following cost and revenue characteristics Sales 600,000 Contribution margin ratio 60% of sales 288.000 Fixed expenses The company's minimum required rate of retum is 10%. 12 4.00 points 6. What is the ROI related to this year's investment opportunity? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) IRO

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