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:

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)?

Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?