1 Required informetion Exercise 11.12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1] The following information applies to the questions displayed below] Finess Fanatics is a regional chain of thealth clubs. The manageis of the clubs, who have authority to make investments as needed, are evaluated based largely on retum on investinent (ROI). The company's Springfield Club reported the following results for the past year. Exercise 11-12 Port 4 (Algo) 4. Assume that the manager of the club is able to reduce average operating assets by $20,000 without any change in sales or net onerating income. What would be the club's return on investment (ROM)? (Do not round intermediote calculations. Round your answer to 2 decimal places.)