Question: Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 263,000 $


Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 263,000 $ Accounts receivable 126,000 31,164 215,000 266,000 473,000 255,000 466,000 Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) 221,000 293,000 497,000 497,000 Total assets $1,828,000 $1,775,164 Liabilities and owners' equity: Accounts payable Long-term debt $ 164,000 884,000 780,000 $ 228,000 884,000 663,164 Owners' equity Total liabilities and owners' equity $1,828,000 $1,775,164 Beaker Company Income Statement Sales $ 2,040,000 1,795,200 Less operating expenses Net operating income 244,800 Less interest and taxes: Interest expense $ 100,300 Tax expense 78,336 178,636 Net income $ 66,164 The company paid dividends of $183,000 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. Additionally; The Board of Directors of Beaker Company has set a minimum required return of 20%. Required: Please calculate the following: $ Average Operating Assets (rounded to the nearest whole dollar, with commas) $ Operating Income (rounded to the nearest whole dollar, with commas) $ Sales (rounded to the nearest whole dollar with commas) Margin (rounded to the 2 decimal places) Turnover (rounded to 2 decimal places) Return On Investment (rounded to 2 decimal places) $ Residual Income (rounded to the nearest whole dollar, with commas)
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