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[ The following information applies to the questions displayed below. ] Fitness Fanatics is a regional chain of health clubs that evaluates its club managers

[The following information applies to the questions displayed below.]
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 $ 850,000
Net operating income $ 25,500
Average operating assets $ 100,000
The following questions are to be considered independently.
3. Assume the club manager can reduce expenses by $3,400 without any change in sales or average operating assets. What would be the clubs return on investment (ROI)?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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