J)  disclosed the following information for November:  Sales: $ 408,000 Contribution margin: $ 108,800 Net operating incone : $ 20,900 The company's margin of safety as a peroentage of its sales is closest to: (Do not round intermediate calculations.) Multiple choice 12.85% 24.46% 29.02% 19.21%

dreams demstime dremstph %24 The co ired rate of is 15%. Requlred Information The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: $ 2,300,000 Sales Variable expenses Contribution margin Fixed expensesi 1,630,000 1,170,000 24 460,000 $ 1,437,500 Net operating income Average operating assets At the beginning of this year, the company has a $287,500 investment opportunity with the following cost and revenue characteristics: $ 460,000 Contribution margin ratio Fixed expenses 50% of sales $ 161,000 The company's minimum required rate of return is 15%. 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Do not round Intermedlate calculations. Round your percentage answer to 1 declmal place (I.e., 0.1234 should be considered as 12.3).)