The management of International Cookwares believes that delivery performance measures must be improved if the company is to maintain its competitive edge. The following data are considered to be typical of the time to complete orders. Process time: 4 days Wait time to the start of production: 15 days Move time: 3 days Inspection time: 2 days Queue time during the production process: 8 days What is the delivery cycle time? Multiple Choice 32 days 4 days 17 days 15 days Babak Industries is a division of a major corporation. Last year the division had total sales of $19,560,000, net operating income of $1,877,760, and average operating assets of $6,000,000. The division's turnover is closest to: Multiple Choice 10.42 0.31 2.48 3.26 Gauntlett Inc. reported the following results from last year's operations: Sales $12,000,000 Variable expenses 9,580,000 Contribution margin 2,420,000 1,460,000 Fixed expenses Net operating income $ 960,000 Average operating assets $5,000,000 At the beginning of this year, the company has a $1,300,000 investment opportunity with the following characteristics: Sales $4,680,000 Contribution margin ratio Fixed expenses 50% of sales $2,059,200 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined turnover for the entire company will be closest to Multiple Choice 1.90 3.34 12.83 2.65