Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 400,000 260,000 140,000 40,000 $ 100,000 $ 425,000 If the company's minimum required rate of return on average operating assets is 16%, its residual income would be Multiple Choice $32.000 $32,000. $33,000. $34,000. $35,000 Assume that a company has decided to include "dellvery cycle time" and "on-time deliveries as a percentage of all willveries performance measures within its balance scorecard. Which of the following choices reflects management's most likely expectations regarding how these measures should change over time? A) B) c) D) Delivery cycle time Increase Increase Decrease Decrease On-time deliveries as a percentage of all deliveries Increase Decrease Increase Decrease Multiple Choice O Choice A 34 Choice A Choice B Choice C Choice D