IronZee Sports makes road bikes, mountain bikes, triathlon bikes, snow shoes, downhill skis, and cross country skis. The company split its operations into two divisions: summer sports and winter sports. The information for the past year is as follows: Winter Sports Net Sales Operating Income Average Total Assets $5,282,200 $986,000 Summer Sports $8,072,600 $1,576,500 $4,125,400 $5,987,400 IronZee Sports management has targeted a 10% rate of return. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Calculate each divisions' profit margin ratio. Division Operating Income / Net Sales = Profit Margin Ratio (%) Winter Sports = Summer Sports 2. Compute each divisions' assets turnover ratio. = Division Net Sales / Average Total Assets = Asset Turnover Ratio = Winter Sports Summer Sports 3. Calculate the ROI using the above figures. Division Profit Margin Ratio (%) X Asset Turnover Ratio = ROI (%) Winter Sports X Summer Sports 4. Compute each divisions' RI. Division Winter Sports Summer Sports Submit All Parts Operating Income (Target rate of return (%) X Average total Assets) = RI X