Westerville Company reported the tollowing results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses $1,200,000 420,000 700,000 600,000 180,000 Net operating income 600,000 Average operating assets At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics $ 220,000 Sales 60 of sales 99,000 Contribution margin ratio Fixed expenses The company's minimum required rate of return is 20 % Foundational 11-9 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 %)) ROI 10. If Westerville's chief executive officer will earm a bonus only if her ROI from this year exceeds her ROI from last year, would she pursue the investment opportunity? Would the owners of the company want her to pursue the investment opportunity? 11. What is last year's residual income? 12. What is the residual income of this year's investment opportunity? 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it eam this year? 14. If Westerville's chief executive officer will earn a bonus only if her residual income from this year exceeds her residual income from last year, would she pursue the investment opportunity? 15. Assume that the contribution margin ratio of the investment opportunity was 50% instead of 60%. If Westerville's chief executive officer will earn a bonus only if her residual income from this year exceeds her residual income from last year, would she pursue the investment opportunity