K Racer 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 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, X.X%.) Operating income 987,000 1,291,500 Total assets 3 Can you explain why one division's ROL is higher? Snow Sports Non-Snow Sports 2. Top management has extra funds to invest. Which division will most likely receive those funds? Why? The non-snow sports division will most likely receive those funds because it has a higher ROI. 4,200,000 6,300,000 ROI 23.5 % 20.5 % 3 100% see score see score see score see score 100%

Racer Sports Company makes snowboards, downhll 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 following divisional information is avalable for the past year E (Click the icon to view the information.) Read the requirments 1. Enter the formula, then calculate each divisions ROI. (Enter the ROI as a percent rounded to the nearest tenth of a percent, % ) 2. Top management has extra funds to invest. Which division will most likely ceceive those funds? Why? The will most hikely receive those-funds because it hag Data table Racer's management has specified a target 14% rate of return. 2. Top management has extra funds to irvest. Which division will 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