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Financial data for Beaker Company for last year appear below. nesker Company Statement of Financin Porition Reginning Balance Ending Malance Assets Cash Accounts receivable Inventory
Financial data for Beaker Company for last year appear below. nesker Company Statement of Financin Porition Reginning Balance Ending Malance Assets Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped Total ansat $ 252.000 165,000 298.000 470.000 287.000 410,000 $1,882,000 5297,853 189.000 236.000 445,000 311,000 410,000 $1,788,855 Liabilities and owners! equity Accounts payable Long-term debt Owners' equity Total liabilities and owners equity S 227,000 B60.000 795.000 $1,182.000 $ 149,000 860,000 779,853 $1,788,853 $2,270,000 1,884,100 385,900 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes Interest expense $104,700 Tax expense 122,347 Net income 232,04% 153,853 The company paid dividends of $169,000 last year. The "Investment in Cedar Company' on the statement of financial position represents an investment in the stock of another company The company paid dividends of $169,000 last year. The "Investment in Cedar Company on the statement of financial positi- 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 30%. What was the company's residual in 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 B > 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 30%. What was the company's residual income last year? (Round your intermediate calculations and final answer to 2 decimal places.) Residual income
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