Question: 23 5. The following data has been provided for a company's most recent year of operations: Return on investment Average operating assets Minimum required rate

The following data has been provided for a company's most recent year of operations: Return on investment Average operating assets Minimum required rate of return 248 $ 45,000 16% The residual income for the year was closest to: Multiple Choice O $3,600 0 O $9,800 0 O $6,750 0 $8,400 Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours 5.1 30.3 Move time Wait time Queue time Process time Inspection time 0.6 0.4 The delivery cycle time was: (Round your intermediate calculations to 1 decimal place.) Multiple Choice o 5.1 hours o 9.5 hours o 39.8 hours o 40.8 hours
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