Question
Bonnings ,a machinery hire firm , provides you with the following information for its latest financial year: Revenue 950,000 Operating expenses 650,000 Investment 4,500,000 Required
Bonnings ,a machinery hire firm , provides you with the following information for its latest financial year: Revenue 950,000 Operating expenses 650,000 Investment 4,500,000 Required return 6% Required: (a) Calculate the Return on Investment (b) Calculate the Residual Income (c)Bonnings is going to introduce a Balanced Scorecard for its business .Prepare a Balanced Scorecard appropriate to its business with two performance indicators for each of the following perspectives: i)Financial Perspective ii)Customer Perspective iii)Internal Business Perspective and iv)Learning and Growth Perspective.
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