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7 4. A company that is seeking to increase ROI should attempt to decrease: a. Sales b. Turnover c. Margin d. Average Operating Assets 5.
7 4. A company that is seeking to increase ROI should attempt to decrease: a. Sales b. Turnover c. Margin d. Average Operating Assets 5. Cs Company has a profit margin of 11%. Sales are $320,000, net operating income is $35,200, and average operating assets are $128,000. What is the company's return on investment (ROI)? a. 2.5% b. 11% c. 27.5% d. 40% 6. OK Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Wait time.... Process time Inspection time Move time. Queue time. Hours 24.6 0.8 0.1 3.1 7.5 The manufacturing cycle efficiency (MCE) was closest to: a. 0.47 b. 0.02 c. 0.07 d. 0.12 7. Which responsibility center would the CEO of a corporation fall under? a. Profit Center b. Investment Center c. Cost Center d. Human Resources Center
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