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Exercise 12-12 Effects of Changes in Profits and Assets on Return on Investment (ROI) L012-1] [The following information applies to the questions displayed below. The
Exercise 12-12 Effects of Changes in Profits and Assets on Return on Investment (ROI) L012-1] [The following information applies to the questions displayed below. The Abs Shoppe 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 (RO). The Abs Shoppe reported the following results for the past year: Sales Net operating income Average operating assets $760,000 $15,960 $ 100,000 References Exercise 12-12 Effects of Changes in Profits and Assets on Return on Section Break Investment (RO [LO12-1
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