Westerville Company reported the following results from last year's operations:

Sales $1,200,000 Variable expenses 320,000 Contribution margin 880,000 Fixed expenses 640,000 Net operating income $240,000 Average operating assets $600,000

This year, the company has a $150,000 investment opportunity with the following cost and revenue characteristics:

Sales $240,000 Contribution margin ratio 50% of sales Fixed expenses $84,000

These are the questions that need to be answered:

1. What is last year's margin?

Margin is ______________

2. What is last year's turnover? turnover =2 this is correct

3. What is last year's return on investment (ROI)? ROI is _____________________ .

4. What is the margin related to this year's investment opportunity? Margin___________________%

5. What is the turnover related to this year's investment opportunity? Turnover. 1.6 is correct

6. What is the ROI related to this year's investment opportunity? ROI_____________________________%

7. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year?

8. is correct 1.92

9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? ROI_______%.

10. Was correct

11. What is last year's residual income? Residual Income__________________________

12. What is the residual income of this year's investment opportunity? Residual Income 13,500 is correct.

13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year?

Residual Income______________________.

The rest I understand but I need help with these only the others ones were wrong.