Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1] [The following information applies to the questions displayed below] Fitness Fanatics is a regional chain of health clubs that evaluates its club managers based on return on investment (ROI). The company's Springfield Club reported the following results for the past year: 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). Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1] [The following information applies to the questions displayed below.] Fitness Fanatics is a regional chain of health clubs that evaluates its club managers based on return on investment (ROI). The company's Springfield Club reported the following results for the past year: The following questions are to be considered independently. Exercise 11-12 Part 2 (Algo) Assume the club manager can increase sales by $94,000 and net operating income by $8,836. Further assume this is possible vithout any increase in average operating assets. What would be the club's return on investment (ROI)? lote: Do not round intermediate calculations. Round your answer to 2 decimal places