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 largel return on investment (ROI). The company's X Club reported the following results for the past year: Sales Net operating income Average operating assets $770,000 $ 16,940 $ 100,000 The following questions are to be considered independently. Required: Compute the X club's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 d places.) Return on investment (ROI) %