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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 Accounts receivable Inventory Plant

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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 Accounts receivable Inventory Plant and equipment, net Investment in Brier Company Land (undeveloped) $ 158,000 430,000 440,000 872,000 530,000 350,000 $ 153, eee 298,888 520, eee 887, eee see, eee 350,000 Total assets $ 2,780,000 $2,700, eee Liabilities and Shareholders' Equity Accounts payable Long-term debt Shareholders' equity $ 340,000 1,100,000 1,340,000 $ 380, ege 1,1ee, eee 1,220, eee Total liabilities and shareholders' equity $ 2,780,000 $2,708,888 BRIDGER INC. Income Statement Sales Operating expenses $4,500,000 4, 5 , 495, eee Operating income Interest and taxes: Interest expense Tax expense $107,Bee 162,080 269,000 Net income $ 226,800 The company paid dividends of $125,000 last year. The investment in Brler Company" on the balance sheet represents an trivestment In the common shares of another company. Required: 1. Compute the company's margin, turnover, and ROI for last year, (Round your Intermediate calculations and final answers to 1 decimal place.) Answer is complete but not entirely correct. Margin Turnover ROI 50 X 24 12.0 2. The board of directors of Bridger Inc. has set a minimum required return of 16% What was the company's residual income last year? Answer is complete but not entirely correct. 14.000

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