Extreme Sports Company makes snowboards, downhil skis, cross-country skis, skateboards, surfboards, and in-line skates. The company has found at 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 (Click the icon to view the information) Read the requirements 1. Enter the formula, then calculate each divisions ROL (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 wil most likely receive those funds? Why? The will most likely receive those funds because it has 3. Can you explain why one division's ROI is higher? How could management gain more Insight? Data Table Total Assets Current Liabilities Sales Operating Income Snow Sports $ 5,200,000 $ 1,080,000 $ Non-Snow Sports $ 8,300,000 $ 912,000 $ 4,800,000 $ 450,000 725,000 3,800,000 $ Extreme's management has specified a target 15% rate of return