None !Required information[The following information applies to the questionsdisplayed below.]Fitness Fanatics is a regional chain of health clubs thatevaluates its club managers based on return oninvestment (ROI). The company's Springfield Clubreported the following results for the past year:SalesNet operating incomeAverage operating assets$ 880,000$ 29,040$ 100,000The following questions are to be consideredindependently.3. Assume the club manager can reduce expenses by $3,520 withoutany change in sales or average operating assets. What would be theclub's return on investment (ROI)?Note: Do not round intermediate calculations. Round your answer to2 decimal places.Return on investment (ROI)%

Step 1: Formula ROI = Operating income ÷ Average operating assets Step 2: New operating income If…

Answered: ! Required information [The following…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

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Problem 5PA: Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an...

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Required information [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 Net operating income Average operating assets $ 910,000 $ 32,760 $ 100,000 The following questions are to be considered independently. Required: I 1. Compute the Springfield club's return on investment (ROI). Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Return on investment (ROI) %
Subject: acounting
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Required information [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 Net operating income Average operating assets The following questions are to be considered independently. $ 920,000 $ 34,040 $ 100,000 3. Assume the club manager can reduce expenses by $3,680 without any change in sales or average operating assets. What would be the club's return on investment (ROI)? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Retum on investment (ROI) %
Required information [The following information applies to the questions displayed below.] Fitness Fanatics 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 company's Springfield Club reported the following results for the past year: Sales Net operating income Average operating assets The following questions are to be considered independently. $ 880,000 $ 29,040 $ 100,000 4. Assume that the manager of the club is able to 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)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI)
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Effects of Changes in Profits and Assets on Return on Investment (ROI) Fitness Fanatics 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 company’s Springfield Club reported the following results for the past year: Required: The following questions are to be considered independently. Carry out all computations to two decimal places. 1. Compute the Springfield club’s return on investment (ROI). 2. Assume that the manager of the club is able to increase sales by $70,000 and that, as a result, net operating income increases by $18,200. Further assume that this is possible without any increase in average operating assets. What would be the club’s return on investment (ROI)? 3. Assume that the manager of the club is able to reduce expenses by $14,000 without any change in sales or average operating assets. What would be the club’s return on investment (ROI)? 4.…
Fitness Fanatics 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 company's Springfield Club reported the following results for the past year: Sales Net operating income Average operating assets $ 760,000 $ 15,960 $ 100,000 The following questions are to be considered independently. 3. Assume that the manager of the club is able to reduce expenses by $3,040 without any change in sales or average operating assets. What would be the club's return on investment (ROI)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
How can get this problem resolve? Fitness Fanatics 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 company's Springfield Club reported the following results for the past year: Sales $ 810,000 Net operating income $ 21,060 Average operating assets $ 100,000 The following questions are to be considered independently. 4. Assume that the manager of the club is able to 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
LA Fitness is a regional chain of health clubs. The manager of the clubs, who have the authority to make investments as needed are evaluated based on ROI. The company's NW DC club reported the follwoing results for the past year: $12,500,000 9,380,000 3,220,000 2,716,000 $504,000 $7,000,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets At the beginning of this year, the manager has a $700,000 investment opportunity with the following characteristics: Sales $660,000 Contribution margin ratio Fixed expenses 50% of sales $246,400 (Show your work) 1. What was last year's return on investment (ROI) for the club? (Round to the nearest 0.1%.) 2. What is the ROI for the new investment opportunity by itself? 3. If the club pursues the investment opportunity and otherwise performs the same as last year, what will be the overall ROI be this year? (Round to the nearest 0.1%.) 4. If you were the manager for the LA fitness clubs would accpet…
Fitness Fanatics 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 company's Springfield Club reported the following results for the past year: Sales Net operating income Average operating assets $ 720,000 12,240 $ 100,000 The following questions are to be considered independently. 4. Assume that the manager of the club is able to 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)?
Fitness Fanatics 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 company's Springfield Club reported the following results for the past year: Sales $ 780,000 Net operating income $ 17,940 Average operating assets $ 100,000 The following questions are to be considered independently. 2. Assume that the manager of the club is able to increase sales by $78,000 and that, as a result, net operating income increases by $6,084. Further assume that this is possible without any increase in average operating assets. What would be the club's return on investment (ROI)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI) %

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