1 Required informetion Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1] The following information apglies to the questions dispiayed below) Finess Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as needed are evaluated based largely on retum on investment (ROD). The company's Springfiela Club reported the following results for the past year: The folowing questions are to be considered independently. Exercise 11-12 Port 3 (Algo) 3 Assume that the manager of the club is able to seduce expenses by $3,120 without any change in sales or iverage operating assets. What would be the club's return on investment (ROD)? (Do not round intermediote colculations. Round your answer to 2 decimel ploces,)