Refer to the Epic Sports Data Set. 1. Compute each division's sales margin. Interpret your results. 2.
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1. Compute each division's sales margin. Interpret your results.
2. Compute each division's capital turnover (round to two decimal places). Interpret your results.
3. Use your answers to Question 2 along with your answers to Question 1 to recalculate ROI using the expanded formula. Do your answers agree with your ROI calculations in S10-7?
Epic 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:
Epic's management has specified a target 16% rate of return.
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