Question: Any help as to how I can go about determining what ROI the company will earn this year with the given circumstances ? u. r
Any help as to how I can go about determining what ROI the company will earn this year with the given circumstances ?

u. r .- [T he following information applies to the questions displayed below. ] Westerville Company reported the following results from last year's operations: Sales $ 1,600,000 Variable expenses 700, 000 Contribution margin 9 00 , 00 0 Fixed expenses 660 , 000 Net operating income 5 240 , 000 Average operating assets $ 1,000,000 At the beginning of this year, the company has a $325,000 investment opportunity with the following cost and revenue Characteristics: Sales $ 520,000 Contribution margin ratio 70 % of sales Fixed expenses $ 312,000 The company's minimum required rate of return is 15%. \\. Foundational 11-9 9. lfthe company pursues the investment opportunity and othenivise 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%
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