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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 $ 150,000 $ 145,000

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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 $ 150,000 $ 145,000 Accounts receivable 500.000 360,000 Inventory 510,000 590,000 Plant and equipment, net 840,000 865,000 Investment in Brier Company 450,000 420.000 Land (undeveloped) 270.000 270,000 Total assets $2,720,000 $2,650,000 Liabilities and shareholders' equity Accounts payable $ 340,000 $ 380,000 Long-term debt 1,000,000 1,000,000 Shareholders' equity 1.380,000 | 1.270,000 Total liabilities and shareholders' equity $2.720,000 $2,650,000 BRIDGER INC. Income Statement Sales $4,180,000 Operating expenses 3,553,000 Operating income 627,000 Interest and taxes: Interest expense $ 120,000 Tax expense 200,000 320,000 Net income $ 307,000 The company paid dividends of $197,000 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 company's margin, turnover, and ROI for last year. 2. The board of directors of Bridger Inc. has set a minimum required return of 20%. What was the company's residual income last year

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