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Financial data for Bridger Inc. for last year are as follows: BRIDGER INC. Balance Sheet Ending Balance Beginning Balance Assets Cash $ 164,000 $ 159,000

Financial data for Bridger Inc. for last year are as follows:
BRIDGER INC. Balance Sheet
Ending Balance Beginning Balance
Assets
Cash $ 164,000 $ 159,000
Accounts receivable 480,000 340,000
Inventory 490,000 540,000
Plant and equipment, net 896,000 931,000
Investment in Brier Company 590,000 560,000
Land (undeveloped) 410,000 410,000
Total assets $ 3,030,000 $ 2,940,000
Liabilities and Shareholders Equity
Accounts payable $ 350,000 $ 390,000
Long-term debt 1,200,000 1,200,000
Shareholders equity 1,480,000 1,350,000
Total liabilities and shareholders equity $ 3,030,000 $ 2,940,000

BRIDGER INC. Income Statement
Sales $ 4,400,000
Operating expenses 3,740,000
Operating income 660,000
Interest and taxes:
Interest expense $ 134,000
Tax expense 214,000 348,000
Net income $ 312,000

The company paid dividends of $193,000 last year. The Investment in Brier Company on the balance sheet represents an investment in the common shares of another company.

Required:
1a.

Compute the companys margin, turnover, and ROI for last year. (Round your intermediate calculations and final answers to 1 decimal place.)

1.b.

The board of directors of Bridger Inc. has set a minimum required return of 20%. What was the companys residual income last year?

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