Knowledge Check 01 Axis Corporation's Division A has average operating assets of $500,000 and the division earned $100,000 as net operating income during a period. The company expects a minimum required rate of return of 15% on its investments. What is the residual income for Division A? $75,000 $100,000 $25,000 $500,000 Knowledge Check 01 Residual income is a better measure for performance evaluation of an investment center manager than return on investment because it encourages managers to make investments that are profitable for the entire company it can be used to compare the performances of divisions of different sizes it does not measure performance based on operating assets the problems with measuring the asset base are eliminated Vertis Corporation is interested in cutting the amount of time between when a customer places an order and when the order is completed. Details for the first quarter of the year are provided here. Choose the correct answer from the options provided. Days Wait time 14 Inspection time time . 6 Move time 0 6 Queue time Next Knowledge Chec What is the throughput time? 26 days 6 days 12 days 5 days Knowledge Check 01 is the elapsed time from receipt of a customer order to when the completed goods are shipped to the customer Throughput time Process time Manufacturing cycle efficiency Delivery cycle time