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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 two
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. Data table 1. Calculate each division's ROI. (Enter the ROI as a percent round The Rol for the Snow Sports division is %. $ Snow Sports Non-Snow Sports Sales Operating Income Total Assets Current Liabilities 5,100,000 $ 1,029,000 $ 4,200,000 $ 450,000 8,300,000 $ 1,333,000 $ 6,200,000 $ 675,000 $ Racer's management has specified a target 14% rate of return
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