Outdoor 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 divisional Information.) Computs each division's profit margin. Interpret your results. First, enter the formula, and then calculate each divisions profit margin. (Enter the sales margin as a percent rounded to the nearest whole percent.) Profit margin Divisional information Operating Total Current Sales Income Assets Liabilities ROI Snow Sports ........S 5,400,000 $ 1,012,000 S 4.600.000 S 370,000 22.0% Non-Snow Sports 8,200,000 1,592,500 8,500,000 620,000 24.5% Outdoor Sports management has specified a target 14% rate of return. The company's weighted average cost of capital (WACC) is 10% and its effective tax rate is 37%. Print Done Help me solve this Etext pages Get more help Clear all Check