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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 $ 1 5 1

Financial data for Bridger Inc. for last year are as follows:
BRIDGER INC.
Balance Sheet
Ending Balance Beginning Balance
Assets
Cash $ 151,000 $ 146,000
Accounts receivable 450,000310,000
Inventory 460,000510,000
Plant and equipment, net 639,000654,000
Investment in Brier Company 460,000430,000
Land (undeveloped)280,000280,000
Total assets $ 2,440,000 $ 2,330,000
Liabilities and shareholders equity
Accounts payable $ 200,000 $ 230,000
Long-term debt 1,000,0001,000,000
Shareholders equity 1,240,0001,100,000
Total liabilities and shareholders equity $ 2,440,000 $ 2,330,000
BRIDGER INC.
Income Statement
Sales $ 4,150,000
Operating expenses 3,569,000
Operating income 581,000
Interest and taxes:
Interest expense $ 121,000
Tax expense 201,000322,000
Net income $ 259,000
The company paid dividends of $120,000 last year. The Investment in Brier Company on the balance sheet represents an investment in the common shares of another company.
Required:
1. Compute the companys margin, turnover, and ROI for last year. (Round your intermediate calculations and final answers to 2 decimal places.)
2. The board of directors of Bridger Inc. has set a minimum required return of 18%. What was the companys residual income last year?

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