The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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:
| Â | Â | Â |
| Â Â Sales | $ | 830,000Â Â |
| Â Â Net operating income | $ | 23,240 |
| Â Â Average operating assets | $ | 100,000 |
| 1. |
Compute the Springfield clubAc€?cs return on investment (ROI). (Round your answers to 2 decimal places.) Margin_________% Turnover________ ROI___________%
|
Margin_________%
Turnover________
ROI___________%
| 3. |
Assume that the manager of the club is able to reduce expenses by $3,320 without any change in sales or operating assets. What would be the clubAc€?cs return on investment (ROI)? (Round your answers to 2 decimal places.) Margin_________% Turnover________ ROI___________% |
| 4. |
Assume that the manager of the club is able to reduce operating assets by $50,000 without any change in sales or net operating income. What would be the clubAc€?cs return on investment (ROI)? (Round your answers to 2 decimal places.) |
Margin_________%
Turnover________
ROI___________%
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll