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please help! Driver Sponts Company makes snowboards, downhill skis, cross-country skis, skateboaeds, surfboards, and inne skates. The coenpany has found it beneficia to spilit operations
please help! Driver Sponts Company makes snowboards, downhill skis, cross-country skis, skateboaeds, surfboards, and inne skates. The coenpany has found it beneficia to spilit operations into two divitions based on the climate required for the spoct: Snow. Spott and Non-snow Sports. The following divisional information is avalable for the pakt year Yiew the information. Driver Sports Corpeary's management has specified a 14% tarpet rate of return. Read the feauirements: Requirement 1. Compule each division's asset tumover ratio (round to two decimal places), Interpret your results. Begin by selecting the formula to calculate the asset tumover, and then enter the amounts to calciale each division's ssset turnover. Information Requirements 1. Compute each division's asset turnover ratio (round to two decimal places). Interpret your results. 2. Use your answers to Requirement 1, along with the profit margin ratio, to recalculate ROI using the expanded formula. Do your answers agree with the basic ROI
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