Question: ! Required information Exercise 1 0 - 1 1 ( Algo ) Effects of Changes in Profits and Assets on Return on Investment ( ROI

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Required information
Exercise 10-11(Algo) Effects of Changes in Profits and Assets on Return on Investment (ROI)[LO10-1]
[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:
The following questions are to be considered independently.
Exercise 10-11 Part 4(Algo)
4. Assume the club manager can reduce average operating assets by \(\$ 20,000\) 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 \(\mathbf{2}\) decimal places.
! Required information Exercise 1 0 - 1 1 ( Algo

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