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Chapter 12 Question 7 Compare and contrast short- and long-term goals for a company. Give an example of each, and explain why they are important
Chapter 12 Question 7 | |||||||||||
Compare and contrast short- and long-term goals for a company. Give an example of each, and explain why they are important for performance measurement systems. | |||||||||||
Chapter 12 Question 13 | |||||||||||
Describe the history and purpose of the balanced scorecard. | |||||||||||
Chapter 12 Exercise A3 | |||||||||||
Identify the type of responsibility center (revenue center, cost center, profit center, or investment center) for each of the following situations. | |||||||||||
A. the accounting department for Tubelite Inc. | |||||||||||
B. the Best Buy in Traverse City, Michigan | |||||||||||
C. the reservation department of Allegiant airlines | |||||||||||
D. the sales department of Four Winns | |||||||||||
E. the Kohls store in Mount Pleasant, Michigan | |||||||||||
F. The Hershey Company | |||||||||||
G. Procter and Gamble | |||||||||||
H. the shoe department in the Kohls store in Mount Pleasant, Michigan | |||||||||||
Chapter 12 Exercise A5 | |||||||||||
During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. What is the sales margin? | |||||||||||
Chapter 12 Exercise A6 | |||||||||||
During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. | |||||||||||
A. Based on this information, calculate asset turnover. | |||||||||||
B. Using the sales margin from Exercise A5, what is the total ROI for the company during the current year? | |||||||||||
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