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Financial data for Beaker Company for last year appear below: Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped)

Financial data for Beaker Company for last year appear below: Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets Beaker Company Statements of Financial Position Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners equity Sales Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net income Beaker Company Income Statement Beginning Balance Ending Balance $ 98,600 125, 658 $ 346,000 202,000 298,000 463,000 318,000 237,000 $1,864, 000 $ 249,000 855,000 760,000 $ 1,864, 000 $ 1,790,000 1, 440, 950 349, 050 224,258 $ 124,792 $324, 792 159,000 299,000 455,000 293,000 237,000 $ 1,767, 792 $ 228,000 855,000 684,792 $ 1,767, 792 e company paid dividends of $200.000 last vear. The "Investment in Cedar Company" on the statem
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Financial data for Beaker Company for last year appear below: companv Daid dividends of $200.000 last vear. The "Investment in Cedar Companv" on the statem The company paid dividends of $200,000 last year. The "Imvestment in Cedar Compariy" on the statement of financla position represents an livestment 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 25%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. Compute the company's margin, turnover, and return on investment for last year. Note: Round your Percentage and Turnover answers to two decimal places

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