Required information

$[$The following information applies to the questions

displayed below.$]$

Fitness Fanatics is a regional chain of health clubs that

evaluates its club managers based 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 the club manager can increase sales by $$88,000$ and net

operating income by $$7,744.$ Further assume this is possible without

any increase in average operating assets. What would be the club's

return on investment $($ROI$)?$

Note: Do not round intermediate calculations. Round your answer to

$2$ decimal places.