Question: Any help as to how I can go about determining what residual income the company will earn this year if the company pursues the investment
Any help as to how I can go about determining what residual income the company will earn this year if the company pursues the investment opportunity and otherwise preforms the same as last year?

[The 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 900 , 000 Fixed expenses 660 , 000 Net operating income $ 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 11-13 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year
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