Fitness Fanatics is a regional chain of health clubs.
1. Compute the Springfield club's return on investment (ROI) to 2 decimal places.
2. Assume that the manager of the club is able to increase sales by $94,000 and that, as a result, net operating income increases by $8,836. Further assume that this is possible without any increase in average operating assets. What would be the club's return on investment (ROI)? 2 decimal places.
3. Assume that the manager of the club is able to reduce expenses by $3,760 without any change in sales or average operating assets. What would be the club's return on investment (ROI)? 2 Decimal Places.
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)? 2 decimal places.
![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 companys Springfield Club reported the following results for the past year: Sales Net operating income Average operating assets $ 940,000 $ 36,660 $ 100,000 The following questions are to be considered independently.](http://img.homeworklib.com/questions/eea48420-8b34-11eb-8c61-856dacba5f07.png?x-oss-process=image/resize,w_560)
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Fitness Fanatics is a regional chain of health clubs.
1. Compute the Springfield club's return on...
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have...
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 820,000 22,140 $ 100,000 Net operating income Average operating assets The following questions are to be considered independently Exercise 11-11 Part 1 Required: 1. Compute the Springfield club's return on investment (ROI). (Do not round intermediate...
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have...
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 $ 830,000 Net operating income $ 23,240 Average operating assets $ 100,000 The following questions are to be considered independently. Exercise 11-11 Part 1 Required: 1. Compute the Springfield club’s return on investment (ROI) 2. Assume...
The following information applies to the questions displayed below Fitness Fanatics is a regional chain of...
The following information applies to the questions displayed below Fitness Fanatics is a regional chain of health . The managers of the clubs, who have Springfield Club reported the following results for the past year thony to make investments as needed, are evaluated vestes the company 230.000 Net operating income Prerage operating assets 3. Assume that the manager of the club is able to reduce expenses by $2,920 without any change in sales or operating assets. What would be the...
[The following information applies to the questions displayed below.] Fitness Fanatics is a regional chain of...
[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 $ 1,400,000 Net operating income $ 70,000 Average operating assets $ 350,000 The following questions are to be considered independently. 3. Assume that the manager of the...
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have...
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 $ 850,000 Net operating income $ 25,500 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 $85,000 and...
Required information [The following information applies to the questions displayed below) Fitness Fanatics is a regional...
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 $ 710,000 $ 11,360 $100,000 The following questions are to be considered independently. sets by 550.000 witho 4. Assume...
Required information The following information applies to the questions displayed below] Fitness Fanatics is a regional...
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 728,008 $ 12,240 The following questions are to be considered independently 2. Assume that the manager of the club...
Required information The following information applies to the questions displayed below) Fitness Fanatics is a regional...
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 $ 710, $ 11,368 $ 100,000 The following questions are to be considered independently. 2. Assume that the manager...
1)) [The following information applies to the questions displayed below.] Fitness Fanatics is a regional chain...
1)) [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 $ 840,000 Net operating income $ 24,360 Average operating assets $ 100,000 Compute the Springfield club’s return on investment (ROI). (Round your Turnover answer to 2...
Required information [The following information applies to the questions displayed below.] Fitness Fanatics is a regional...
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 $ 1,400,000 Net operating income $ 70,000 Average operating assets $ 350,000 The following questions are to be considered independently. 2. Assume that the manager...
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 820,000 22,140 $ 100,000 Net operating income Average operating assets The following questions are to be considered independently Exercise 11-11 Part 1 Required: 1. Compute the Springfield club's return on investment (ROI). (Do not round intermediate...
The following information applies to the questions displayed below Fitness Fanatics is a regional chain of health . The managers of the clubs, who have Springfield Club reported the following results for the past year thony to make investments as needed, are evaluated vestes the company 230.000 Net operating income Prerage operating assets 3. Assume that the manager of the club is able to reduce expenses by $2,920 without any change in sales or operating assets. What would be the...
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 $ 710,000 $ 11,360 $100,000 The following questions are to be considered independently. sets by 550.000 witho 4. Assume...
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 728,008 $ 12,240 The following questions are to be considered independently 2. Assume that the manager of the club...
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 $ 710, $ 11,368 $ 100,000 The following questions are to be considered independently. 2. Assume that the manager...
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