Question: Westerville Company reported the following results from last year's operations: Sales $ 1,200,000 Variable expenses 420,000 Contribution margin 780,000 Fixed expenses 600,000 Net operating income

Westerville Company reported the following results from last year's operations:

Sales $ 1,200,000
Variable expenses 420,000
Contribution margin 780,000
Fixed expenses 600,000
Net operating income $ 180,000
Average operating assets $ 600,000

At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics:

Sales $ 220,000
Contribution margin ratio 60 % of sales
Fixed expenses $ 99,000

The company's minimum required rate of return is 20%.

5. What is the turnover related to this year's investment opportunity?(Round your answer to 1 decimal place.)

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