Financial data for Bridger, Inc., for last year are as follows:

Bridger, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	139,000	$	136,000
Accounts receivable		348,000		471,000
Inventory		573,000		479,000
Plant and equipment, net		850,000		864,000
Investment in Brier Company		400,000		434,000
Land (undeveloped)		255,000		253,000
Total assets	$	2,565,000	$	2,637,000
Liabilities and Stockholders' Equity
Accounts payable	$	385,000	$	334,000
Long-term debt		1,035,000		1,035,000
Stockholders' equity		1,145,000		1,268,000
Total liabilities and stockholders' equity	$	2,565,000	$	2,637,000

Bridger, Inc. Income Statement
Sales		$	4,053,000
Operating expenses			3,445,050
Net operating income			607,950
Interest and taxes:
Interest expense	$ 112,000
Tax expense	201,000		313,000
Net income		$	294,950

The company paid dividends of $171,950 last year. The ?Investment in Brier Company? on the balance sheet represents an investment in the stock of another company.

Required:
1.	Compute the company?s margin, turnover, and return on investment (ROI) for last year. (Round your intermediate calculations and final answers to 1 decimal place.)

Margin	%
Turnover
ROI	%

2.	The board of directors of Bridger, Inc., has set a minimum required return of 22%. What was the company?s residual income last year?

Residual income

$