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Check my work 4 Required information Part 2 of 4 Exercise 11-11 Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1)
Check my work 4 Required information Part 2 of 4 Exercise 11-11 Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1) (The following information applies to the questions displayed below.) 1.42 points Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investme investment (ROI). The company's Springfield Club reported the following results for the past year: as needed, are aluated sed largely on return on 00:41:59 $ 820,000 $ 22,140 $ 100,000 Sales eBook Net operating income Average operating assets Print The following questions are to be considered independently. References Exercise 11-11 Part 2 2. Assume that the manager of the club is able to increase sales by $82,000 and that, as a result, net operating income increases by $6,724. Further assume that this is possible without any increase in average operating assets. What would be the club's return on investment (ROI)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI)
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