Hep Save & Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 44 days. This 44 days is spent as follows: Wait time Inspection time Process time Move time Queue time 12 days 12 days 5 days 6 days 9 days What is Naver's manufacturing cycle efficiency (MCE) for its elevators? Multiple Choice o o o If iet operating income is $75,000, average operating assets are $375,000, and the minimum required rate of return is 17%, what is the residual income? Multiple Choice 37,500 o 533750 o $41 250 o 108,750