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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
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 Based on the divisions' capital turnover rates, we know that the rates were not the reason the divisions had different Ros 3. Use your answers to Question 2 along with your answers to Question 1 to recalculate ROI using the expanded formula. Do your answers agree to the ROI calculations using the original formula and presented in the divisional information? (Enter the ROI as a percentage rounded to the nearest tenth of a percent, XX%) The Snow Sports division's ROI using the expanded formula is The Non-Snow Sports division's ROI using the expanded formula is % Do your answers agree with the basic ROI presented in the divisional information? Yes
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