Question 3You have been presented with the following information :Customer PerspectiveActual Performance$6.5 milTargetsa. Total Sales$ 10 milb. No. of Stock Returns1020Internal Business Perspectivea. Maintenance Costsb. No of Workers (production)Targets$200kActual Performance$50k3015Financial PerspectiveActual PerformanceTargets$4mila. Net Profit$1milb. Asset Turnover ratio15 times20 timesInnovation & Growth PerspectiveTargets$100kActual Performance$20ka. Training Costsb. No of Staff (Marketing)2012Other information obtained are customers are frequently complaining and cancelling orders andmachines breakdowns.Required :i) Comment on the performance.ii) Propose suggestion to improve.

Asset turnover ratio can be defined as the measurement of the sales of the company In relation to…

Answered: i) Comment on the performance. ii)…

Business

Accounting

i) Comment on the performance. ii) Propose suggestion to improve.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.4.2MBA: Return on assets The following data (in millions) were adapted from recent financial statements of...

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