Exercise $11-12($Algo$)$ Effects of Changes in Profits and Assets on Return on Investment $($ROI$)[$LO$11-1]$

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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:

Sales $ $930,000$

Net operating income $ $35,340$

Average operating assets $ $100,000$

The following questions are to be considered independently.

Exercise $11-12$ Part $1($Algo$)$

Required:

$1.$ Compute the Springfield club$$s return on investment $($ROI$).($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$Exercise $11-12$ Part $2($Algo$)$

$2.$ Assume that the manager of the club is able to increase sales by $$93,000$ and that, as a result, net operating income increases by $$8,649.$ Further assume that this is possible without any increase in average operating assets. What would be the club$$s return on investment $($ROI$)?($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)3.$ Assume that the manager of the club is able to reduce expenses by $$3,720$ without any change in sales or average operating assets. What would be the club$$s return on investment $($ROI$)?($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)4.$ Assume that the manager of the club is able to reduce average operating assets by $$40,000$ without any change in sales or net operating income. What would be the club$$s return on investment $($ROI$)?($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$