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The Foundational 15 (LO10-1, LO10-2] (The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $1,000,000 300,000 700,000 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $200,000 60% of sales $ 90,000 The company's minimum required rate of return is 15%. Foundational 10-1 Required: 1. What is last year's margin? Margin Foundational 10-2 es 2. What is last year's turnover? (Round your answer to 1 decimal place. Turnover Foundational 10-3 3. What is last year's return on investment (ROI)? (Round your intermediate calculations to 1 decimal place.) ROI % Foundational 10-4 4. What is the margin related to this year's investment opportunity? Margin % Foundational 10-5 5. What is the turnover related to this year's investment opportunity? (Round your answer to 2 decimal places.) Turnover Foundational 10-7 7. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your percentage answer to 1 decimal place (ie. 0.1234 should be entered as 12,3).) Margin Foundational 10-8 8. If the company pursues the investment opportunity and otherwise performs the same as last year, what turnover will it earn this year? (Round your answer to 2 decimal places.) Turnover

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