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Required information The following information apples to the questans displayed below! Fitness Fanasics is a regional chain of healtr clubs. The manigers of the clubs,

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Required information The following information apples to the questans displayed below! Fitness Fanasics is a regional chain of healtr clubs. The manigers of the clubs, whe have authority no make investonents as results for the post year: The following questiens are to be considered independently. 3. Assume that the managet of the ciub is able to reduce expenses by $3.480 whout any change in sales or averoge openitnin assets. What would be the club's retum on investment (ROM? \& Do not round intermediste calculations. Round your answer to 2 decimal places.)

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