of at least

22%

) is\ answer to the nearest cent.)\ The minimum selling price that Golf Technology Division per AccuDriver (if the company's required rate of return is

20%

) is\ Data table\ Total annual fixed costs\ Variable cost per AccuDriver\ Number of AccuDrivers sold each year\ Average operating assets invested in the division\

$33,000,000

\

$300

\ 175,000\

$54,000,000

The New Athletics Company produces a wide variety of sports equipment. Its newest division, Golf Technology, manufactures and sells a single productAccuDriver, a golf demand for AccuDriver is relatively insensitive to price changes. The following data are available for Golf Technology, which is an investment center for New Athletics: (Click the icon to view the data.) Requirements Read the 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $520 per club. Requirement 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $520 per club. 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 percent, X.XX\%. ROI===% 2. If management requires an ROI of at least 22% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDriver club? 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 Golf Technology should charge per AccuDriver if the company's required rate of return is 20% ? Requirement 2. If management requires an ROI of at least 22% from the division, what is the minimum selling price that the Golf Technology Division should charge per Acc Select the formula that would be used in your calculation to determine the minimum selling price. [Units sold (Selling price per unit - Variable cost per unit)] - Fixed costs = ROI Investment (Round your answer to the nearest cent.) The minimum selling price that Golf Technology Division should charge per AccuDriver club (if management requires an ROI of at least 22% ) is answer to the nearest cent.) The minimum selling price that Golf Technology Division per AccuDriver (if the company's required rate of return is 20% ) is Data table