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Check my work Part 1 of 4 Required information Exercise 11-11 Effects of Changes in Profits and Assets on Return on Investment (ROI) (LO11-1) (The
Check my work Part 1 of 4 Required information 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 ( X 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 (ROI). The company's Springfield Club reported the following results for the past year: 00:43:44 eBook Sales Net operating income Average operating assets $ 820,000 $ 22,140 $ 100,000 Print The following questions are to be considered independently. References Exercise 11-11 Part 1 Required: 1. Compute the Springfield 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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