TB Problem Qu. 11-168 Financial data for Beaker... Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Compan Land (undeveloped) Total assets $303,000 169,000 242,000 481,000 256,000 280,000 $1,731,000 $ 337,392 217,000 238,000 407,000 308,000 280,000 $1,787,392 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $171,000 810,000 750,000 $1,731,000 $ 188,000 810,000 789,392 $1,787,392 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: $2,220,000 1,687,200 532,800 $103,600 191,808 nterest expense 295,408 $ 237,392 Tax expense Net income The company paid dividends of $198,000 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 40%, what was the company's residual income last Complete this question by entering your answers in the tabs below Required A Required B The Board of Directors of Beaker Company has set a minimum required return of 40%, what was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) residual answers to 2 Residual income