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Financial data for Surling, Inc., for last year are as follows: Suriing Inc Balance Sheet Beginning Ending Balance Balance Assets Cash $ 150.000 $ 147,000

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Financial data for Surling, Inc., for last year are as follows: Suriing Inc Balance Sheet Beginning Ending Balance Balance Assets Cash $ 150.000 $ 147,000 Accounts receivable 367.000 511,000 Inventory 607.000 522,000 Plant and equipment, net 940,000 924,000 Investment in Brier Company 438.000 462,000 Land (undeveloped) 268.000 272,000 Total assets $2,770,000 $2,838,000 Liabilities and Stockholders! Equity Accounts payable Long-term debt Stockholders' equity $ 414,000 1.051.000 1,305.000 $ 372.000 1.051.000 1.415.000 Total liabilities and stockholders' equity $2.770.000 $2,838,000 Stirling, Inc. Income Statement Sales $5.844.000 4.975.520 Operating expenses 868,480 Net operating Income Interest and taxes: Interest expense $ 163.000 Interest and taxes: Interest expense Tax expense $ 163.000 236.000 399.000 Net Income $469.480 The company pald dividends of $260.480 last year. The "Investment in Brler 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 (Le., 0.1234 should be entered as 12.34).) Margin Turnover ROI 2 The board of directors of Stirling, Inc., has set a minimum required return of 1796. What was the company's residual income last year? Residual income

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