Westerville company_roi analysis | Accounting homework help
Westerville Company reported the following results from last years operations: Sales $1,000,000 Variable Expenses $300,000 Contribution Margin $700,000 Fixed Expenses $500,000 Net Operating Income: $200,000 Average Operating Assets: $625,000 This year the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales $200,000 Contribution Margin Ration 60% of sales Fixed Expenses $90,000 The company’s minimum required rate of return is […]