I need help with requirement 3

The New Athletics Company produces a wide variety of outdoor sports equipment. Its newest division, Golf Technology, manufactures and sells a single product-AccuDriver, a golf club that uses global positioning satellite technology to improve the accuracy of golfers' shots. The demand for Accu Driver is relatively insensitive to price changes. The following data are available for Golf Technology, whi (Click the icon to view the data.) Data Table Requirements 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $570 per club. 2. If management requires an ROI of at least 30% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDriver club? Total annual fixed costs $ 28,000,000 3. Assume that New Athletics judges the performance of its investment centers on the basis of Rl rather than ROI. What is the Variable cost per Accu Driver $ minimum selling price that Golf Technology should charge per AccuDriver if the company's required rate of return is 22%? Number of AccuDrivers sold each year 160.000 Requirement 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $570 per club. Average operating assets invested in the division $ 44,000,000 Determine the formula used to calculate ROI, then calculate the ROI for Golf Technology. (Enter the ROI as a percentage, rounded to the nearest hundredth Operating income Investment ROI Print Done 7,200,000 44,000,000 350 16.36 % Requirement 2. If management requires an ROI of at least 30% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDriver club? (Abbreviation used: Contrib. = Contribution; Var. = Variable) Select the formula that would be used in your calculation determine the minimum selling price. [Units sold X (Selling price per unit - Variable cost per unit)] Fixed costs = ROI X Investment (Round your answer to the nearest cent.) The minimum selling price that Golf Technology Division should charge per Accu Driver club (if management requires an ROI of at least 30%) is S 607.5. Requirement 3. Assume that New Athletics judges the performance of its investment centers on the basis of Ri rather than ROI. What is the minimum selling price that Goll Technology should charge per Accu Driver if the company's required rate of return is 22%? (Round your answer to the nearest cent) The minimum selling price that Golf Technology Division per AccuDriver (if the company's required rate of return is 22%) is $]