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Test 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
Test 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 avaliable for the past year. (Click the icon to view the information.) Read the requirements 1. Compute each division's sales margin. Interpret your results First enter the formula, then calculate each divisions sales margin. (Enter the salgs margin as a percent rounded to the nearest whole percent.) Data table Sales margin ative resu goed by Sales Operating Income Total Assets Current Liabilities Snow Sports $ 5,800,000 $ 1,102,000 $ Non-Snow Sports $ 8,900,000 $ 1,691,000 $ 4,700,000 $ 3,200,000 $ 500,000 750,000 Test's management has specified a target 14% rate of return. d by y cel Print Done Help me solve this Video Get more help. Clear all Check answer
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