Required information [The following information applies to the questions displayed below.) The managers of the XYZ clubs, who have the authority to make investments as needed, are evaluated based largely on return on investment (ROI). The company's X Club reported the following results for the past year: Sales Net operating income Average operating assets $800,000 $ 20,000 $100,000 The following questions are to be considered independently. 3. Assume that the manager of the club is able to reduce expenses by $3,200 without any change in sales or average operating assets. 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))