The company paid dividends of $$181,000$ 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 $22\%.$ What was the company's residual income last

year?

Complete this question by entering your answers in the tabs below.

Required $A$

Compute the company's margin, turnover, and return on investment for last year. $($Round your

"Percentage" answers to $2$ decimal places.$)$