Need help on these, part 2 and 3

lolman, Reid - Outic x Dashboard X Connect X Ask a Question x C Solved: Meiji Isetan Corp. . X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmgh.. U G Chapter 11 Homework i Saved Help Save & Exit Submit 5 Check my work Ine following Information applies to the questions aIsplayed below.J 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: Part 2 of 4 Sales Net operating income $ 700,000 10, 500 0.5 Average operating assets 100, 080 points The following questions are to be considered independently. eBook Print References Exercise 11-12 Part 2 (Algo) 2. Assume that the manager of the club is able to increase sales by $70,000 and that, as a result, net operating income increases by $4,900. 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.) Return on investment (ROI) 1% MC Graw 5 6 7 of 9 Next > Hill Type here to search O 9 w T 8:5 11/11