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[The following information applies to the questions displayed below.]
Westerville Company reported the following results from last year's operations:
This year, the company has a $175,000 investment opportunity with the following cost and revenue characteristics:
1. What is the turnover related to this year's investment opportunity? (Round your answer to 1 decimal place.)
Turnover;
2. 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 .1234 should be entered as 12.3))
Margin; %
3. 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.)
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