Financial data for Beaker Company for last year appear below:

Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 273,000 $ 336,920 Accounts receivable 191,000 200,000 Inventory 313,000 251,000 Plant and equipment (net) 438,000 398,000 Investment in Cedar Company 255,000 277,000 Land (undeveloped) 305,000 305,000 Total assets $ 1,775,000 $ 1,767,920 Liabilities and owners' equity: Accounts payable $ 192,000 $ 171,000 Long-term debt 839,000 839,000 Owners' equity 744,000 757,920 Total liabilities and owners' equity $ 1,775,000 $ 1,767,920

Beaker Company Income Statement Sales $ 2,440,000 Less operating expenses 2,074,000 Net operating income 366,000 Less interest and taxes: Interest expense $ 102,000 Tax expense 139,080 241,080 Net income $ 124,920

The company paid dividends of $111,000 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 26%. What was the company's residual income last year?

Required ARequired 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 A Required B >