= Homework: HW #9 - Chapter 10 Question 5, S10-9 (simila... Part 1 of 5 > HW Score: 0%, 0 of 10 points Score: 0 of 1 Save Speedy 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: E (Click the icon to view the information.) Compute each division's residual income. Interpret your results. Are your results consistent with each division's ROI? First enter the formula, then calculate each divisions residual income. ) = Residual income Data Table ROI $ Sales Operating Income Total Assets Current Liabilities 5,700,000 $ 969,000 $ 4,500,000 $ 370,000 8,700,000 $ 1,479,000 $ 6,400,000 $ 595,000 Snow Sports Non-Snow Sports 21.5% $ 23.1% Speedy's management has specified a target 16% rate of return