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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 | $ 10,540,200 | |
Operating costs | 9,920,480 | |
After-tax profits | 455,078 | |
Cost of capital | 13 % | |
Required rate of return | 17 % | |
Average assets | $ 4,522,050 |
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.) | % (*10.1% is incorrect here) |
Residual income (Round answer to 0 decimal places.) | $ |
Economic value added (Round answer to 0 decimal places.) | $ ($180882 is incorrect here) |
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