Question: cannot figure out 9 and 13 ! The Foundational 15 (Algo) [LO10-1, LO10-2] [The following information applies to the questions displayed below] Westerville Company reported
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The Foundational 15 (Algo) [LO10-1, LO10-2] [The following information applies to the questions displayed below] Westerville Company reported the following results from last year's operations: At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and revenue characteristics: The company's minimum required rate of return is 15%. Foundational 10-13 (Algo) 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year? The Foundational 15 (Algo) [LO10-1, LO10-2] [The following information applles to the questions displayed below] Westerville Company reported the following results from last year's operations: At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and revenue characteristics: The company's minimum required rate of return is 15%. Foundational 10-9 (Algo) 9. If the company pursues the investment opportunity and otherwise performs the same as last yeat, what Rol will it earn this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Answer is complete but not entirely correct
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