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Freeman Corporation reports the following data for product 34: Process Time 7.0 days Queue Time...

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Accounting

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Freeman Corporation reports the following data for product 34: Process Time 7.0 days Queue Time 2.0 days Inspection Time 0.5 days Move Time 0.2 days Wait Time 8.0 days What is Freeman's throughput time? 09.5 days 11.0 days 17.7 days 9.7 days Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. What is Planet's return on investment (ROI)? (Note: Round answer to two decimal places.) 9.60% 20.60% 5.80% 25.50% Which of the following is not an advantage of ROI? It encourages managers to pay careful attention to the relationships among sales, expenses, and investment It discourages excessive investment in operating assets. It encourages cost efficiency. It encourages managers of departments with high Rols to invest in average ROI projects

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