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Speedy Sports Company makes sowboards, downhill skis, cross country skis, skateboards, surboards, and in-line skaies. The company has found it beneficial to split operations into
Speedy Sports Company makes sowboards, downhill skis, cross country skis, skateboards, surboards, and in-line skaies. 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 irformation is available for the past year (Click the icon to view the information.) - X Requirements Data Table 1. Compute each division's sales margin Interpret your results. 2. Conpute each division's capital turnover (round to two decimal places). Sales Operating Income Total Assets Current Liabilities ROI 410,000 24.3% $ 5,400,000 $ 0,200,000 S Speedy's management has specified a target 15% rate of return Snow Sports 972,000 3 4,000,000 Interpret your results. No-Siow Sports 1,476,000 3 5,900,000 $ 605,000 25.0% 3, Usc your answers to Quostion 2 along with ycur answcrs to Question 1 to recalculate ROl using the cxpandod fomula. Do your answers agrec to the ROl caculations using the original tomula and presented in the PrintDone Print Done
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