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The following data is taken from the records of Brandon Co. for the year 2019: Sales Operating expenses Average operating assets Minimum required rate of

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The following data is taken from the records of Brandon Co. for the year 2019: Sales Operating expenses Average operating assets Minimum required rate of return $1,000,000 $400,000 $5,000,000 10% Required: 1. Determine Brandon's return on investment (ROI) and residual income (RI) for the year 2019 and comment on the company's performance. 2. Which measure (ROI or RI) would you choose for the company to use? Justify your answer. 3. The management of company has heard of another performance measurement called balanced scorecard (BSC), but they are still unfamiliar with it. If you were asked to clarify BSC to the management, how would you explain it? 4. Discuss the limitations of financial measures to evaluate a company's performance

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