Business, 24.05.2021 14:00 tishfaco5000

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 $750,000
Net operating income $15,000
Average operating assets $100,000

Required:
Compute the Fitness Fanatics’s return on investment (ROI).

Answers: 3

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Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority...

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