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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 $ 168,000 $ 163,000

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

BRIDGER INC. Balance Sheet
Ending Balance Beginning Balance
Assets
Cash $ 168,000 $ 163,000
Accounts receivable 430,000 290,000
Inventory 450,000 530,000
Plant and equipment, net 702,000 747,000
Investment in Brier Company 630,000 600,000
Land (undeveloped) 450,000 450,000
Total assets $ 2,830,000 $ 2,780,000
Liabilities and Shareholders Equity
Accounts payable $ 410,000 $ 450,000
Long-term debt 1,100,000 1,100,000
Shareholders equity 1,320,000 1,230,000
Total liabilities and shareholders equity $ 2,830,000 $ 2,780,000

BRIDGER INC. Income Statement
Sales $ 4,350,000
Operating expenses 3,784,500
Operating income 565,500
Interest and taxes:
Interest expense $ 138,000
Tax expense 218,000 356,000
Net income $ 209,500

The company paid dividends of $104,500 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 1 decimal place.)

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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