Question: If net operating income is $87,000, average operating assets are $522,000, and the minimum required rate of return is 13%, what is the residual income?

If net operating income is $87,000, average operating assets are $522,000, and the minimum required rate of return is 13%, what is the residual income?

Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:

	Hours
Wait time	12.2
Process time	1.3
Inspection time	0.5
Move time	3.9
Queue time	5.6

The delivery cycle time was:

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