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Financial data for Bridger, Inc., for last year are as follows: Bridger, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 130,000 $ 133,000

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

Bridger, Inc. Balance Sheet
Beginning Balance Ending Balance
Assets
Cash $ 130,000 $ 133,000
Accounts receivable 349,000 483,000
Inventory 575,000 490,000
Plant and equipment, net 836,000 824,000
Investment in Brier Company 392,000 428,000
Land (undeveloped) 245,000 247,000
Total assets $ 2,527,000 $ 2,605,000
Liabilities and Stockholders' Equity
Accounts payable $ 378,000 $ 333,000
Long-term debt 1,044,000 1,044,000
Stockholders' equity 1,105,000 1,228,000
Total liabilities and stockholders' equity $ 2,527,000 $ 2,605,000

Bridger, Inc. Income Statement
Sales $ 5,348,000
Operating expenses 4,599,280
Net operating income 748,720
Interest and taxes:
Interest expense $ 120,000
Tax expense 193,000 313,000
Net income $ 435,720

The company paid dividends of $312,720 last year. The Investment in Brier Company on the balance sheet represents an investment in the stock of another company.

Required:
1.

Compute the companys margin, turnover, and return on investment (ROI) for last year. (Do not round intermediate calculations. Round your final answers to 2 decimal places. Omit the "%" sign in your response.)

Margin %
Turnover
ROI %

2. The board of directors of Bridger, Inc., has set a minimum required return of 15%. What was the companys residual income last year? (Omit the "$" sign in your response.)

Residual income $

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