Posted: November 22nd, 2022

Fitness fanatics is a regional chain of health clubs

 

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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.

 

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Sales $810,000

Net Operating Income $21,060

Average Operating Assets $100,000

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