Extracted text: Required information [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 $ 1,750, 000 520,000 1, 230, 000 880, 000 Net operating income %24 350, 000 Average operating assets 24 875, 000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: Sales $ 320, 000 Contribution margin ratio Fixed expenses 60% of sales $ 128, 000 The company's minimum required rate of return is 20%. 4. What is the margin related to this year's investment opportunity? Margin Drov
Extracted text: Required information [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 $ 1,750, 000 520, 000 1, 230, 000 880, 000 Net operating income %24 350,000 Average operating assets $4 875, 000 At the beginning of this year, the company has a $200,000 investment opportunity with the following cost and revenue characteristics: es Sales $ 320, 000 Contribution margin ratio Fixed expenses 60% of sales $ 128, 000 The company's minimum required rate of return is 20%. 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 (i.e., 0.1234 should be entered as 12.3).) Margin %