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Westerville Company reported the following results from last years operations Sales Variable expenses Contribution margin Fixed expenses Net operating incone $ 1,400,880 68,000 720,900 440,080

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Westerville Company reported the following results from last years operations Sales Variable expenses Contribution margin Fixed expenses Net operating incone $ 1,400,880 68,000 720,900 440,080 $ 280e,e0 Average operating assets 875,000 At the beginning of this year, the company has a $300,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses s 480,0e0 80% of sales 336,008 The company's minimum required rate of return is 15%. 5. What is the turnover related to this year's investment opportunity? (Round your answer to 1 decimal place.)

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