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LUHURUL Help 24 10 points Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Assets: Cash

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LUHURUL Help 24 10 points Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Assets: Cash $ 284,000 Accounts receivable 287,000 Inventory 387,000 Plant and equipment (net) 483,000 Investment in Cedar Company 283,000 Land (undeveloped) 242.000 Total assets $1,806,000 Ending Balance $529,144 147,00 229,000 432.000 304,000 242,000 $1,883,144 Oto: Liabilities and owners' equity: Accounts payable Long-tern debt Owners' equity Total liabilities and owners' equity $ 194,000 863.000 749,000 $1,886,000 $ 156,00 863,000 854, 144 $1,883,144 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $98,900 Tax expense 286,756 Net income $2.540,000 1.981,200 558,800 385,656 $ 253,144 The company paid dividends of $138,000 last year. The "Investment in Cedar Company on the statement of financial position represents an investment in the stock of another company Required: a. Compute the company's margin, turnover, and return on investment for last year. b. The Board of Directors of Beaker Company has set a minimum required return of 38%. What was the company's residual income test year? 558,600 Fest and taxes: Interest expense Tax expense Net income $ 98,900 206,256 305,656 $ 253, 144 ints 01:01:37 The company paid dividends of $138,000 last year. The "Investment in Cedar Company on the statement of financial position represents an investment in the stock of another company. Required: a. Compute the company's margin, turnover, and return on investment for last year. b. The Board of Directors of Beaker Company has set a minimum required return of 38%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's margin, turnover, and return on investment for last year. (Round your "Percentage" answers to 2 decimal places.) % Margin Turnover Return on investment % Required)

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