(The following information applies to the questions displayed below) Westerville Company reported the following results from...

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(The following information applies to the questions displayed below) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution nargin Fixed expenses $ 1,750,000 520, ee0 1,230,e00 880, 000 $ 350,000 Net operating incone Average operating assets $ 875,000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 320,000 6e x of sales $ 128,000 The company's minimum required rate of return is 20%. Foundational 10-9 (Algo) 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) Answer is complete but not entirely correct. ROI 505 (The following information applies to the questions displayed below) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution nargin Fixed expenses $ 1,750,000 520, ee0 1,230,e00 880, 000 $ 350,000 Net operating incone Average operating assets $ 875,000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 320,000 6e x of sales $ 128,000 The company's minimum required rate of return is 20%. Foundational 10-9 (Algo) 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) Answer is complete but not entirely correct. ROI 505

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