Extreme 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 fol owing divisional information is available for the past year EEB (Click the icon to view the information.) Read the requirements. 1. Enter the formula, then calculate each divisions ROL (Enter the Rol as a percent rounded to the nearest tenth of a percent, XX%.) Data Table Sal les Operating Income Total Assets Current Liabilities Requirements 990.000 $ 857,500 Extreme's management has specified a target 14% rate of return. 4,500,000 $ Snow Sports Non-Snow Sports $ 5,000,000 S 160,000 710,000 8,200,000 S 3,500,000 $ 1.Caculale each divisiorn'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? PrintDone Print Done