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Financial data for Stirling, Inc., for last year are as follows: The company paid dividends of $260, 480 last year. The Investment in Brier Company
Financial data for Stirling, Inc., for last year are as follows: The company paid dividends of $260, 480 last year. The "Investment in Brier Company" on the balance sheet represents an investment in the stock of another company. Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Do not round intermediate calculations. Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 2. The board of directors of Stirling, Inc., has set a minimum required return of 17%. What was the company's residual income last year
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