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Westerville Company reported the following results from last year's operations:

Sales$1,500,000 Variable expenses 650,000 Contribution margin 850,000 Fixed expenses 580,000 Net operating income$ 270,000 Average operating assets$1,000,000

This year, the company has a $160,000 investment opportunity with the following cost and revenue characteristics:

Sales$240,000 Contribution margin ratio 70 % of sales Fixed expenses$144,000 The company's minimum required rate of return is 10%.

6.What is the ROI related to this year's investment opportunity?

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