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Check my work 7 Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as

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Check my work 7 Fitness 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 return on investment (Ron. The company's Springfield Club reported the following results for the past year. Part 4 of Sales Net operating income Average operating assets $830,000 $ 23,240 $ 100,000 1.48 points The following questions are to be considered independently Exercise 11-12 Part 4 (Algo) 4. Assume that the manager of the club is able to reduce average operating assets by $50,000 without any change in sales or net operating income. What would be the club's return on investment (ROUP (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Rown on investment (ROI)

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