The following data has been provided for a company's most Return on investment Average operating assets Minimum required rate of return 20% S 100,000 15% The residual income for the year was closest to: A) $20,000 B) $3,000 C) $5,000 D) $15,000 32 Hunt Company has the following production data: Throughput time Delivery cycle time Process time Wait time before production 4 hours 6 hours 1 hour 2 hours The manufacturing cycle efficiency (MCE) for Hunt Company is: A) 50% B) 25% C)20% D) 75% One of the divisions of Company Delta has a Retum on Investment of 10%. The division has an 33. pportunity to invest in a new project which is expected is have a Return on Investment of 7%. The company's minimum required rate of return is 5%. If Company Delta evaluates managerial performance using residual income, which decision would be preferred by the Company and which decision would be preferred by the Division? (To Accept or Reject the Project) Company Accept Reject Accept Reject Division Reject Accept Accept Reject A) B) C) D) A) Choice A B) Choice B C) Choice C D) Choice D