Epic Sports Company makes Snowboards, downhill skis, cross-country skis, skateboards, surfboards, and in-line skates. The company has found it beneficia Non-Snow Sports The following divisional information is available for the past year Click the icon to view the information ) Read the requirements 1. Enter the formula, then calculate each divisions ROI (Enter the ROI as a percent rounded to the nearest tenth of a percent, XX%) ROI % Snow Sports Non Snow Sports 2. Top management has extra funds to invest. Which division will most likely receive those tunds? Why? The will most likely tocive those funds because it has 3. Can you explain whyono division's ROIS higher? How could management gain more insight? s found it beneficial to split operations into two divisions based on the climate required for the sport Snow Sports and Data Table Sales Operating Income Snow Sports $ 5,800,000 $ 1,044,000 $ Non-Snow Sports $ 8,800,000 $ 1,584,000 $ Epic's management has specified a target 16% rate of return Total Assets Current Liabilities 4,500,000 $ 450,000 6,400,000 $ 700,000 X Requirements 1. Calculate each division's ROI 2. Top management has extra funds to invest. Which division will most likely receive those funds? Why? 3. Can you explain why one division's ROI is higher? How could management gain more insight? Print Done