$ 1,200,000 320,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 880,000 640,000 $ 228,000 Average operating assets 600,000 This year, the company has a $150,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $240,000 50 % of sales $ 84,000 The company's minimum required rate of return is 15% to 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 % Westerville Company reported the following results from last year's operations: Sales Variable expenses $ 1,200,000 320,000 Contribution margin Fixed expenses 880,000 640,000 Net operating income $ 228,000 Average operating assets $ 600,000 This year, the company has a $150,000 investment opportunity with the following cost and revenue chara Sales Contribution margin ratio Fixed expenses $240,000 50 % of sales $ 84,000 The company's minimum required rate of return is 15% 11. What is last year's residual income? Residual income Sales $ 1,200,000 320,000 Variable expenses 880,000 640,000 Contribution margin Fixed expenses Net operating income $ 228,000 Average operating assets 600,000 This year, the company has a $150,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $240,000 50 X of sales $ 84,000 The company's minimum required rate of return is 15% 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year? Residual income