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Fitness Fanatics is a regional chain of health clubs that evaluates its club managers based on return on investment ( ROI ) . The company's

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:
Sales $ 830,000
Net operating income $ 23,240
Average operating assets $ 100,000
The following questions are to be considered independently.
Exercise 11-12 Part 2(Algo)
2. Assume the club manager can increase sales by $83,000 and net operating income by $6,889. Further assume this is possible without any increase in average operating assets. What would be the clubs return on investment (ROI)?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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