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Required information Exercise 11-11 Effects of Changes in Profits and Assets on Return on Investment (RO (L011-1 [The following information applies to the questions displayed

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Required information Exercise 11-11 Effects of Changes in Profits and Assets on Return on Investment (RO (L011-1 [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 retur reported the following results for the past year n on investment (ROI). The company's Springfield Club Sales Net operating income Average operating assets $ 820,000 S 22,140 $ 100,000 The following questions are to be considered independenty Exercise 11-11 Part 1 Required: Next

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