Required information [The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's opera Sales Variable expenses...

Extracted text: Required information [The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's opera Sales Variable expenses Contribution margin Fixed expenses $ 1,600,000 700,000 900,000 660,000 Net operating income 240,000 Average operating assets $ 1,000,000 At the beginning of this year, the company has a $325,000 investment oppor characteristics: $ 520,000 Sales Contribution margin ratio Fixed expenses 70 % of sales $ 312,000 The company's minimum required rate of return is 15%. 3. What is last year's return on investment (ROI)? ROI