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ECRPoitie Filidl EXditi. CHIU-13 1 Saveu Help Save & Exit Financial data for Beaker Company for last year appear below: 70 Ending Balance 01:09:27 Beaker
ECRPoitie Filidl EXditi. CHIU-13 1 Saveu Help Save & Exit Financial data for Beaker Company for last year appear below: 70 Ending Balance 01:09:27 Beaker Company Statements of Financial Position Beginning Balance Assets: Cash $ 292,000 Accounts receivable 196,000 Inventory 257,000 Plant and equipment (net) 487,000 Investment in Cedar Company 302,000 Land (undeveloped) 278,000 Total assets $1,812,000 Ekipped $ 381,892 182,000 279,000 433,000 333,000 278,000 $1,886,892 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 191,000 895,000 726,000 $1,812,000 $ 140,000 895,000 851,892 $1,886,892 Beaker Company Income Statement Sales Less operating expenses $2,730,000 2,088,450 Prey 10 of 15 !! Next > $2,730,000 2,088,450 641,550 09:07 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $ 98,700 Tax expense 230,958 Net income ed 329,658 $ 311,892 The company paid dividends of $186,000 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 46%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. The company paid dividends of $186,000 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 46%. What was the company's residual income last year? 01:08:51 Kipped 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
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