Question

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)

Answer 1