I previously did (70,000-14,000)/350,000 to get 16%

Required information Exercise 11-11 (Static) 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. 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: The following questions are to be considered independently. xercise 11-11 (Static) Part 3 Assume that the manager of the club is able to reduce expenses by $14,000 without any change in sales or average operating sets. What would be the club's return on investment (ROI)