Question: Financial data for Bridger Inc for last year are as

Financial data for Bridger Inc. for last year are as follows:
The company paid dividends of $197,000 last year. The “Investment 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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  • CreatedJuly 08, 2015
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