The Supreme Sports 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 salellite technology to improve the accuracy of golfers' shots. The demand for AccuDriver is relatively insensitive to price changes. The following data are available for Golf Technology, which is an investment center for Supreme Sports: Click the icon to view the data.) Read the requirements. Requirement 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $730 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, X.XX\%.) ROI= Requirement 2. If management requires an ROl of at least 25% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDIiver club? Select the formula that would be used in your calculation to determine the minimum selling price. [Units sold (Selling price per unit-Variable cost per unit)]-Fixed costs =ROI Investment (Round your answer to the nearest cent.) The minimum selling price that Golf Technology Division should charge per AccuDriver club (if management requires an ROI of at least 25% is Data table The Supreme Sports 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 salellite technology to improve the accuracy of golfers' shots. The demand for AccuDriver is relatively insensitive to price changes. The following data are available for Golf Technology, which is an investment center for Supreme Sports: Click the icon to view the data.) Read the requirements. Requirement 1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $730 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, X.XX\%.) ROI= Requirement 2. If management requires an ROl of at least 25% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDIiver club? Select the formula that would be used in your calculation to determine the minimum selling price. [Units sold (Selling price per unit-Variable cost per unit)]-Fixed costs =ROI Investment (Round your answer to the nearest cent.) The minimum selling price that Golf Technology Division should charge per AccuDriver club (if management requires an ROI of at least 25% is Data table
