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.4. Assume the club manager can reduce average operating assets by$20,000 without any change in sales or net operating income. Whatwould be the club's return on investment (ROI)?Note: Do not round intermediate calculations. Round your answer to2 decimal places.Return on investment (ROI)%

Margin= Operating income / Sales x 100= 29,040 / 880,000 x 100= 3.3% Turnover= 880,000 / (100,000 -…

Answered: Required information [The following…

Principles of Accounting Volume 2

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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) %
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 $750,000 $ 15,000 $ 100,000 The following questions are to be considered independently. 2. Assume the club manager can increase sales by $75,000 and net operating income by $5,625. Further assume this is possible without any increase in 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. Return on investment (ROI)
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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 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 $750,000 $ 15,000 $ 100,000 The following questions are to be considered independently. 3. Assume the club manager can reduce expenses by $3,000 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. Return 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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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
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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.)
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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