Question: Saved Saved Check my work mode: This shows what is correct or incorrect for the work you have a Required information The following information applies
Saved Saved Check my work mode: This shows what is correct or incorrect for the work you have a Required information The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Variable expenses Contribution margi Net operating Income Average operating assets At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Contribution margin ratio 116 of sales The company's minimum required rate of return is 15% 5. What is the turnover related to this year's investment opportunity? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Turnover 0.21
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