2.

Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets $ 252,000 165,000 298,000 470,000 287,000 410,000 $1,882,000 $ 197,853 189,000 236,000 445,000 311,000 410,000 $1,788,853 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 227,000 860,000 795,000 $1,882,000 $ 149,000 860,000 779,853 $1,788,853 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $104,700 Tax expense _127,347 Net income $2,270,000 1,884,100 385,900 232,047 153,853 $ The company paid dividends of $169,000 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. Required: a. Compute the company's margin, turnover, and return on investment for last year. b. The Board of Directors of Beaker Company has set a minimum required return of 30%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's margin, turnover, and return on investment for last year. (Round your "Percentage" answers to 2 decimal places.) Margin Turnover Return on investment Complete this question by entering your answers in the tabs below. Required A Required B The Board of Directors of Beaker Company has set a minimum required return of 30%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income The West Division of Cecchetti Corporation had average operating assets of $638,000 and net operating income of $78,000 in August. The minimum required rate of return for performance evaluation purposes is 14%. What was the West Division's minimum required return in August