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Requited information Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROu) [LO11-1] The followitg intormation opplies to the quesbions

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Requited information Exercise 11-12 (Algo) Effects of Changes in Profits and Assets on Return on Investment (ROu) [LO11-1] The followitg intormation opplies to the quesbions olspityed belowJ Atress fanatics is a regional chain of heaith clubt. The managers of the clubs, who have acationity to make investments os needed, are evaluated based largely on retum on investment (AOQ. The cornpany's Speingfieid Club roported the following results for the past year: The follewing questions are to be considered independently. Exercise 1112 Part 4(Algo) 4. Assume that the manager of the club is able to reduce average operating assets by 340,000 without any change in sakes or net operating inceme. What would be the dub's tetuen on invertment (ROn? (Do not round intermediate calculations. Aound your anwwer to 2 decimal places)

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