(LO 7-3) Analysis: From Exhibit 7-8, choose five financial performance KPIs to answer the following three questions....
Question:
(LO 7-3) Analysis: From Exhibit 7-8, choose five financial performance KPIs to answer the following three questions. This URL
(https://www.linkedin.com/pulse/20130905053105-64875646-the-75-kpis-everymanager-
needs-to-know) provides background information for each individual KPI that may be helpful in understanding the individual KPIs and answering the questions.
a. Identify the equation/relationship/data needed to calculate the KPI. If you need data, how frequently would the data need to be incorporated to be most useful?
b. Describe a simple visualization that would help a manager track the KPI.
c. Identify a benchmark for the KPI from the Internet. Choose an industry and find the average, if possible. This is for context only.
Step by Step Answer:
ISE Data Analytics For Accounting
ISBN: 9781265094454
3rd Edition
Authors: Ryan A. Teeter, Vernon Richardson, Katie L. Terrell