Question
Assume that the manager of the club is able to increase sales by $73,000 and that, as a result, net operating income increases by $5,329.
Assume that the manager of the club is able to increase sales by $73,000 and that, as a result, net operating income increases by $5,329. Further assume that this is possible without any increase in operating assets. What would be the clubs return on investment (ROI)? (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) | |||||
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