The Abs Shoppe 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 (ROI). The Abs Shoppe reported the following results for the past year:

Sales	$	720,000
Net operating income	$	12,240
Average operating assets	$	100,000

Required 1. Compute the club's return on investment (ROI). your answers to 2 decimal places.) Margin Tunover ROI