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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)

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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 $ 336,000 139,000 236,080 452,000 269,000 377,000 $1,800,000 $ 299,888 149,000 254,000 479,000 267,000 377,000 $1,825,888 Liabilities and owners' equity: Accounts payable Long-tere debt Owners' equity Total liabilities and owners' equity $ 203,000 834,000 772,000 $1, 809,000 $ 185,000 834,000 886, 888 $1,825, 888 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $184,900 Tax expense 177.612 Net income $2,200,000 1,812,600 467,400 282.512 $ 184, 388 The company paid dividends of $150,000 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 35%. 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 Tumover Return on investment % Required B The company paid dividends of $150,000 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 35%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. Required A Required The Board of Directors of Beaker Company has set a minimum required return of 35%. What was the company's residual Income last year? (Round your intermediate calculations and final answer to 2 decimal places.) Residual income

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