Cabell Products is a division of a major corporation. Last year the division had total sales of $11,440,000, net operating income of $686,400, and average operating assets of $2,402,400. The company's minimum required rate of return is 13%. The division's residual income is closest to: Multiple Choice $686,400 $374,088 $(624,624) $686,400 $374,088 $(624,624) $998,712 The Consumer Products Division of Goich Corporation had average operating assets of $470,000 and net operating income of $40,000 in May. The minimum required rate of return for performance evaluation purposes is 9%. What was the Consumer Products Division's minimum required return in May? Multiple Choice $3,600 $40,000 $45,900 $3,600 $40,000 $45,900 $42,300 Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 19.3 Process time 2.1 1.1 Inspection time Move time Queue time 3.0 10.1 The throughput time was: Multiple Choice 35.6 hours 6.2 hours 35.6 hours 6.2 hours 29.4 hours 16.3 hours