Based on the information provided in Materials 4(资料四),measure the performance of White Appliances and Black Appliances separately by using Residual Income Method (剩余收益法) and Economic Value Added Method (经济增加值法). Based on the results, evaluate whether the business of White Appliances or Black Appliances performs better.
参考答案：
Answers :
(1) Using the Residual Income Method:
For White Appliances, residual income =7 000-12%×40 000 = USD 22 million
For Black Appliances, residual income =7 400 -13%×42 000 = USD 19.4 million
Under this method, White Appliances performs better than Black Appliances.
(2) Using the Economic Value Added Method:
Economic value added for White Appliances :(7 000 +1 800)- 12%× (40 000 +1 800) = USD37.84 million
Economic value added for Black Appliances :(7 400 +2 400)- 13%× (42 000 +2 400) = USD40.28 million
Under this method, Black Appliances performs better than White Appliances.