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Westerville Company reported the following results from last year's operations. Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,900,00

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Westerville Company reported the following results from last year's operations. Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,900,00 550,000 1,350,000 875,000 $ 475,000 $ 1,187,500 At the beginning of this year, the company has a $237,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 380,000 50 X of sales $ 133,000 The company's minimum required rate of return is 10% 2. What is last year's turnover (Round your answer to 1 decimal place.) Turnover Next > Print References 3. What is last year's return on investment (ROI)? ROI % 1:49:32 6. What is the ROI related to this year's investment opportunity? Answer is complete but not entirely correct. ROI 16 % book Print 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%.)) ferences ROL %

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