Black Diamond Sports Company makes snowboards. downhill skis, cross-country skis. skateboards. surfboards, and in-line skates. The company has found it beneficial to split operations into two divisions based on the climate required for the sport: Snow Sports and Non-Snow Sports. The following divisional information is available for the past year: g {Click the icon to view the divisional information.) Compute each division's EVA. Interpret your results. First, enter the formula, and then calculate each divisions EVA. After-tax operating income - Total assets - Current lIabIIItIes )x WACC 1: EVA Snow :S |:|)X Eva i=|:| Divisional information Operating Total Current Sales Income Assets Liabilities Snow Sports ........ $ 5,200,000 $ 946,000 $ 4,400,000 $ 350,000 NonSnow Sports . . . . 8,300,000 1,495,000 6,500,000 600,000 Black Diamond Sports management has specied a target 14% rate of return. The company's weighted average cost of capital (WACC) is 12%, and its effective tax rate is 38%