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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 available for the past year. (Click the icon to view the information.) Read the requirements 1. Calculate each division's ROI. (Enter the ROI as a percent rounded to the nearest tenth of a percent. XX%) The ROI for the Snow Sports division is 24 Held Data table Snow Sports Non-Snow Sports Sales $5,100,000 $ Operating Income 1.081,000 $ 58,300,000 $ 1373,500 $ Total Assots 4,600,000 5 6,700,000 $ Current Liabilities. 440,000 740,000 Test's management has specified a target 13% rate of return. Print Done X Chack
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