Average operating assets is used in the numerator to compute turnover in an ROI analysis.
Correct Answer:
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Q9: Return on investment is superior to residual
Q10: A manufacturing cycle efficiency (MCE) ratio close
Q11: Residual income is the net operating income
Q12: Net operating income is income after interest
Q13: Margin equals net operating income divided by
Q15: All other things being the same, a
Q16: Operating assets include cash, accounts receivable, and
Q17: Wait time is considered non-value-added time.
Q18: Residual income should not be used to
Q19: Move time is considered value-added time.
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