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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:

The following questions are to be considered independently.

Assume that the manager of the club is able to reduce average operating assets by $$20,000$ without any change in sales or net

operating income. What would be the club's return on investment $($ROI$)?($Do not round intermediate calculations. Round your answer

to $2$ decimal places.$)$

Return on investment $($ROI$)$