Question: Financial data for Beaker Company for last year appear below: Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial



Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position. Assets: Cash Accounts receivable. Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity Beaker Company Income Statement Sales Less operating expenses 11ak Beginning Balance $ 331,000 169,000 263,000 451,000 266,000 365,000 $ 1,845,000 $ 190,000 868,000 787,000 $ 1,845,000 $ 2,080,000 1,518,400 ees enn Ending Balance. $ 505,256 185,000 228,000 388,000 288,000 365,000 $ 1,959,256 $ 189,000 868,000 902,256 $ 1,959,256 Beaker Company Income Statement Sales Less operating expenses. Net operating income Less interest and taxes: $ 2,080,000 1,518,400 561,600 Interest expense $ 100,400 Tax expense 190,944 291,344 Net income $ 270,256 The company paid dividends of $155,000 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 40%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. The company paid dividends of $155.000 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 40%. What was the company's residual income last 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 and Turnover answers to two decimal places.) Margin % Turnover Return on investment Check The company paid dividends of $155,000 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 40%. What was the company's residual income last year? 04 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 40%. 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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