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Fitness Fanatics is a regional chain of health clubs that evaluates its club managers based on return on investment $($ROI$).$

The company's Springfield Club reported the following results for the past year:

The following questions are to be considered independently.

Assume the club manager can reduce average operating assets by $$40,000$ without any change in sales or net operating income.

What would be the club's return on investment $($ROI$)?$

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

Answer is complete but not entirely correct.Fitness Fanatics is a regional chain of health clubs that evaluates its club managers based on return on investment $($ROI$).$ The company's Springfield Club reported the following results for the past year:

Sales $ $870,000$

Net operating income $ $27,840$

Average operating assets $ $100,000$

The following questions are to be considered independently.

$4.$ Assume the club manager can reduce average operating assets by $$40,000$ without any change in sales or net operating income. What would be the club$$s return on investment $($ROI$)?$