Financial data for Bridger Inc. for last year are as follows:

The company paid dividends of $197,000 last year. The €œInvestment in Brier Company€ on the balance sheet represents an investment in the common shares of another company.
Required:
1. Compute the company€™s margin, turnover, and ROI for last year.
2. The board of directors of Bridger Inc. has set a minimum required return of 20%. What was the company€™s residual income last year?

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BRIDGER INC. Balance Sheet Ending Balance Beginning Balance Assets Cash... Accounts receivable.. $ 150,000 500,000 510,000 840,000 450,000 270,000 $2.720,000 $ 45,000 360,000 590,000 865,000 420,000 270,000 Inventory... Plant and equipment, net.. Investment in Brier Company. Land (undeveloped)... Total assets... Liabilities and shareholders' equity Accounts payable.. Long-term debt... Shareholders' equity. Total liabilities and shareholders' equity.. $2,650.000 $ 380,000 1000,000 1270,000 $ 340,000 1000,000 1380,000 $2,720.000 $2,650.000 BRIDGER INC. Income Statement Sales.... Operating expenses Operating income . Interest and taxes: $4180,000 3,553,000 627,000 $ 120,000 Interest expense Tax expense.... Net income.. 200,000 320,000 $ 307,000