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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

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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 $ 277,000 179.000 257.000 476,000 255.000 335,000 $1,779.000 $ 136.386 205,cee 270,000 440,000 288.000 335,000 $1,674,386 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 200.000 362,000 714,000 $1,779,000 $ 152.ee 862.000 660,386 $1,674,386 $1,960,000 1,597,409 362,600 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $105,500 Tax expense 141,414 Net Income 247,214 115,385 $ 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

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