1.) The Johnson Company's required rate of return is 18%. A new project being considered by the company would require an investment of $150,000 and would generate annual net operating income of $30,000. What is the residual income of the new project?

2.) During the year, Alpha Division had net operating income of $160,000 and sales of $1,000,000. The turnover was 0.5. For the same year Beta Division had Sales of $900,000 and Average Operating Assets of $1,500,000 and a Margin of 20%. Which division performed better during the year based on their Return on Investment?

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

Wait time... 24.7 hours

Process time...1.4 hours

Inspection Time...0.4 hours

Move Time...3.6 hours

Queus Time...8.7 hours Calculate the throughput time and Manufacturing Cycle Efficiency for this order.