Required information Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROI) [LO11-1] [The following information applies to the questions displayed below] Fitness Fanotics is a regional chain of health clubs that evaluates its club manogers based on return on investment (RO). The company's Springfield Club reported the following results for the post year: The following questions are to be considered independently. xercise 11-12 Part 3 (Algo) Assume the club manager can reduce expenses by $2,920 without ony change in sales of avorage operating assets. What would be e club's return on investment (RO)? ote: Do not round intermediate calculations. Round your answer to 2 decimal places