Balanced scorecard measures for financial perspective Following is financial information for last period about China Express,...

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)

Solutions

Expert Solution

ekkarill92 answered 1 year ago

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