Financial data for Bingham Company for last year appear below:

Cash beginning balance $$120,700$

Ending balance $$220,000$

The investment in carr company on the statement of financial position represents an investment in the stock of another company.

A$)$ compute the companys margin, turnover, and return on investment for last year.

B$)$ The board of directors of beaker company have set a minimum required return of $15\%.$ What was the companys residual income last year?