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Required information Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Retum on Investment (ROA) [LO11-1] (The following informatian applies to the questions

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Required information Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Retum on Investment (ROA) [LO11-1] (The following informatian applies to the questions atspolsyed bevow.) Fitness Fanstics is a regional chain of heaith clubs. The managers of the clubs, who have autherity to make Investments os needed, are evaluoted bassed largely on return on investment (ROo. The company's Springfield Clut reported the following resuls for the past year The following questians are to be considered independently. Exercise 11-12 Part 1 (Algo) Aequired: 1. Compote the Sptingfield clubis return on investment (AOQ) (Do not tound intermediate caiculations. Round yout answer to 2 decimal ploces

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