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Please show the work so i can see how you got the answers. Fitness Fanatics is a regional chain of health clubs. The managers or
Please show the work so i can see how you got the answers.
Fitness Fanatics is a regional chain of health clubs. The managers or the clubs. who have authority to make investments as needed, are evaluated based largely on return on investment (ROD. The company's Springfield Club reported the following results for the past year: Assume that the manager of the club is able to reduce expenses by $3, 720 without any change in sales or operating assets What would be the club's return on investment (ROI)? (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Assume that the manager of the club is able to reduce operating assets by $40 0C0 without any change in sales or net operating income What would be the club's return on investment (ROI)? (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)Step by Step Solution
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