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Westerville Company reported the following results from last year's operations Part 2 of 15 Sales Variable expenses Contribution margin Fixed expenses Net operating income Average

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Westerville Company reported the following results from last year's operations Part 2 of 15 Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 2,3ee, eee 670, eee 1,630, eee 1,17e, eee 460, eee $ 1,437,500 0.4 points At the beginning of this year, the company has a $287,500 investment opportunity with the following cost and revenue characteristics: eBook References Sales Contributie margin ratio Fixed expenses $460.eee 50 % of sales The company's minimum required rate of return is 15% 2. What is last year's turnover? (Round your answer to 1 decimal place.) Westerville Company reported the following results from last year's operations: $ Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets 2,3ee, eee 670, eee 1,630,eee 1,170,000 460,eee 1,437,500 $ $ At the beginning of this year, the company has a $287,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 460,000 50 % of sales $ 161,000 The company's minimum required rate of return is 15% 3. What is last year's return on investment (ROI)

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