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Financial data for Redstone Company for last year appear below Statements of Financial Position 767 000 $1.909 100 s 242 100 The company paid dividends

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Financial data for Redstone Company for last year appear below Statements of Financial Position 767 000 $1.909 100 s 242 100 The company paid dividends of $152,000 last year. The Investment in Balsam Company on the statement of financial position represents an investment in the stock of another company. Required: Compute the company's margin, turnover, and return on investment for last year. (Round your intermediate calculations and final answers to 2 decimal places.) The Board of Directors of Redstone has set a minimum required return of 35%, what was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.)

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