Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,000,000 300,000 700,000 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 200,000 60 % of sales $ 90,000 The company's minimum required rate of return is 15%. Required: 1. What is last year's margin? Margin 32 % 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? (Round your answer to 2 decimal places.) Turnover 6. What is the ROI related to this year's investment opportunity? (Round your answer to the nearest whole percent.) ROI ol 7. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your percentage answer to 1 decimal place ) Margin olo