Question
Balanced scorecard measures for financial perspective Following is financial information for last period about China Express, a regional company with a number of fast-food stores:
Balanced scorecard measures for financial perspective
Following is financial information for last period about China Express, a regional company with a number of fast-food stores:
Revenue from operations$ 10,496,700Operating costs9,910,810After-tax profits407,389Cost of capital13 %Required rate of return17 %Average assets$ 4,960,690
Required
Calculate the following measures that could be used for the financial perspective.(If answer is negative, please use parenthesis.Show economic value added as a positive number.)
Operating margin =? (Round answer to 0 decimal places.)
$
Return on investment=?(Round answer to 1 decimal place.)
%
Residual income =?(Round answer to 0 decimal places.)
$
Economic value added=?(Round answer to 0 decimal places.)
$
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