Financial data for Beaker Company for last year appear below:

Beaker Company
Statements of Financial Position
	Beginning Balance			Ending Balance
Assets:
Cash	$	256,000		$	231,240
Accounts receivable		144,000			192,000
Inventory		310,000			240,000
Plant and equipment (net)		492,000			445,000
Investment in Cedar Company		301,000			286,000
Land (undeveloped)		280,000			280,000
Total assets	$	1,783,000		$	1,674,240
Liabilities and owners' equity:
Accounts payable	$	214,000		$	238,000
Long-term debt		810,000			810,000
Owners' equity		759,000			626,240
Total liabilities and owners' equity	$	1,783,000		$	1,674,240

Beaker Company
Income Statement
Sales				$	2,060,000
Less operating expenses					1,854,000
Net operating income					206,000
Less interest and taxes:
Interest expense	$	96,900
Tax expense		63,860			160,760
Net income				$	45,240

The company paid dividends of $178,000 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 15%. What was the company's residual income last year?

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 Required ARequired B The Board of Directors of Beaker Company has set a minimum required return of 15%, what was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income