Reference no: EM132549232
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$ 10,496,700
Operating costs9,910,810
After-tax profits407,389
Cost of capital13 %
Required rate of return17 %
Average assets$ 4,960,690
Required
Question 1: 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.)
Residual income =? (Round answer to 0 decimal places.)
Economic value added =?(Round answer to 0 decimal places.)
What will be the budget variance
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Calculate the new contribution margin and the target cost
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