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Question 2 Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $

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Question 2 Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 290,000 $ 451,280 Accounts receivable 209,000 193,000 Inventory 282,000 232,000 Plant and equipment (net) 430,000 393,000 Investment in Cedar Company 304,000 255,000 Land (undeveloped) 241,000 241,000 Total assets 1 756,000 1.765,280 Liabilities and owners' equity: Accounts payable 208,000 175,000 Long-term debt 824,000 824,000 Owners' equity 724,000 766,280 Total liabilities and owners' equity $ 1756,000 $ 1 765,280 Beaker Company Income Statement Sales $ 1,960,000 Less operating expenses 1,519,000 Net operating income 441,000 Less interest and taxes: Interest expense $ 103,600 Tax expense 141,120 244,720 Net income 196,280Less interest and taxes: Interest expense 103,600 Tax expense 141,120 244,720 Net income $ 196,280 The company paid dividends of $154,000 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. Additionally; The Board of Directors of Beaker Company has set a minimum required return of 30%. Required: Average Operating Assets (rounded to the $ nearest whole dollar, with commas) Operating Income (rounded to the nearest whole $ dollar, with commas) Sales (rounded to the nearest whole dollar with $ commas) Margin (rounded to the 2 decimal places) Turnover (rounded to 2 decimal places) Return On Investment (rounded to 2 decimal places) Residual Income (rounded to the nearest whole dollar, with commas $

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