The company paid dividends of $2,100 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 have set a minimum required return of 20%. What was the company's residual income last year? Cash Accounts receivable Inventory Plant and equipment (net) Total operating assets Beginning Balance $50,000 20,000 30,000 120.000 $220,000 Ending Balance $70,000 25,000 35,000 110,000 $240.000 The company paid dividends of $2,100 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 have set a minimum required return of 20%. What was the company's residual income last year? Cash Accounts receivable Inventory Plant and equipment (net) Total operating assets Beginning Balance $50,000 20,000 30,000 120.000 $220,000 Ending Balance $70,000 25,000 35,000 110,000 $240.000