Business, 12.07.2019 02:40 xjaliw11882
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
required: the following questions are to be considered independently. carry out all computations to two decimal places.1. compute the springfield club’s return on investment (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)? 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)? 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)?
Answers: 1
Business, 22.06.2019 17:30
Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii
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Business, 22.06.2019 19:00
15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.
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Business, 23.06.2019 00:50
Mr. drucker uses a periodic review system to manage the inventory in his dry goods store. he likes to maintain 15 sacks of sugar on his shelves based on the annual demand figure of 225 sacks. it costs $2 to place an order for sugar and costs $1 to hold a sack in inventory for a year. mr. drucker checks inventory one day and notes that he is down to 9 sacks; how much should he order?
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Business, 23.06.2019 04:00
Management training programs, mentoring programs, and coaching systems are examples of
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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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