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Required information The following information applies to the questions displayed below] Fitness Fanatics is a regional chain of health clubs. The managers of the clubs,

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Required information The following information applies to the questions displayed below] 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 (RO). The company's Springfieid Club reported the following results for the past yeac: The foliowing questions are to be considered independently. 3. Assume that the manager of the club is able to reduce expenses by $3,640 without any change in sales or average operating assets. What would be the club's teturn on imvestment (ROD? (Do not round intermediate calculations. Round your answer to 2 decimal places-)

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