Required information Exercise 1 1 - 1 2 ( static ) Effects of Changes in Profits and
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Exercise static Effects of Changes in Profits and Assets on Return on Investment ROILO
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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:
Sales $
Net operating income $
Average operating assets $
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