Discuss the financial and nonfinancial measures


Response to the following problem:

The senior management of Trinity Industries Inc. has proposed the following three performance measures for the company:

1. Net income as a percent of stockholders' equity

2. Revenue growth

3. Employee satisfaction

Management believes these three measures combine both financial and nonfinancial measures and are thus superior to using just financial measures.

What advice would you give Trinity Industries Inc. for improving its performance measurement system?

 

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Discuss the financial and nonfinancial measures
Reference No:- TGS02121416

Expected delivery within 24 Hours