Question: answer part A and B Financial data for Beaker Company for last year appear below Beaker Company Statements of Financial Position Beginning balance Ending Balance


Financial data for Beaker Company for last year appear below Beaker Company Statements of Financial Position Beginning balance Ending Balance Assets: Cash Accounts receivable Inventory plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets $336,800 139,000 236,000 452,800 269,000 377,000 $1,809,000 $ 299,888 149,800 254.000 479,000 267,600 377.000 $1,825,888 Liabilities and owners equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 203,000 834,000 772,000 $1,899,000 $ 185,800 834,000 806,888 $1,825,888 $2,280,000 1,812,600 467,400 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $184,900 Tax expense 177,612 Net income 282,512 $ 184,888 The company paid dividends of $150.000 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 35% What was the company's residual income 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 Tumover Return on investment % Rou 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 35%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income
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