The New Athletics Company produces a wide variety of sports equipment. Its newest division, Golf Technology manufactures and sells a single product-AccuDriver, a golf club that uses global positioning satellite technology to improve the accuracy of golfers' shots. The demand for AccuDriver is relatively insensitive to pnce changes The following data are available for Golf Technology, which is an investment center for New Athletics Click the icon to view the data) Read the requirements Requirement 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $650 per club Determine the formula used to calculate ROI, then calculate the ROI for Golf Technology (Enter the ROI as a percentage, rounded to the nearest hundredth percent, XXX%) ROI = Operating income % Investment Data Table Total annual fixed costs $ 27,000,000 Variable cost per AccuDriver $ 450 155,000 Number of AccuDrivers sold each year Average operating assets invested in the division $ 53 000 000 Print Done requirements .BR ent 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $650 per club th e i Requirements 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $650 per club 2. If management requires an ROI of at least 20% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDriver club? 3. Assume that New Athletics judges the performance of its investment centers on the basis of Rl rather than ROI. What is the minimum selling price that Golf Technology should charge per AccuDriver if the company's required rate of return is 18%? Print Done numTDETTE ET TETAS ATT TETT CITOR UTECK ATTSWET