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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
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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