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1. Compute the Springfield club’s return on investment (ROI). Margin ________% T

ID: 2456900 • Letter: 1

Question

1.

Compute the Springfield club’s return on investment (ROI).

Margin ________%

Turnover _________

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 operating assets. What would be the club’s return on investment (ROI)? (Round your answers to 1 decimal place.)

Margin ________%

Turnover _________

ROI____________%

3.

Assume that the manager of the club is able to reduce expenses by $14,000 without any change in sales or operating assets. What would be the club’s return on investment (ROI)?

Margin ________%

Turnover _________

ROI____________%

4.

Assume that the manager of the club is able to reduce operating assets by $70,000 without any change in sales or net operating income. What would be the club’s return on investment (ROI)?

Margin ________%

Turnover _________

ROI____________%

1.

Compute the Springfield club’s return on investment (ROI).

Margin ________%

Turnover _________

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 operating assets. What would be the club’s return on investment (ROI)? (Round your answers to 1 decimal place.)

Explanation / Answer

1. Compute the Springfield club’s return on investment (ROI). Margin ________% T