USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 156

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
The Rollerball Corporation's industry averages are as follows:
Net Profit Margin = 7.5%; Total Asset Turnover = 2.2; Total Assets/Equity = 2.0
Rollerball Corporation has the following financial statements for year ending 12/31/2008. (000's omitted)

-Refer to Exhibit 9.16. Calculate Rollerball Corporation's Total Asset Turnover.

• A) 0.72
• B) 0.85
• C) 1.39
• D) 1.65
• E) 2.31

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Definitions:

Manufacturing Cycle Time

The total time required to manufacture a product, from the start of the production process to its completion.

Kanban

A scheduling system for lean manufacturing and just-in-time production, which uses visual cues to signal steps in the production process.

JIT Environment

A production strategy that aims to reduce times within the production system as well as response times from suppliers and to customers, characterized by just-in-time inventory management.

Inventory Tactics

Strategies and approaches used in managing inventory levels, turnover, and order quantities to optimize operational efficiency and meet customer demand.