Question: 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

 Financial data for Beaker Company for last year appear below: Beaker
Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash Accounts

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 $ 336,000 139, eee 236, eee 452, eee 269, eee 377, eee $1,899, eee $ 299,888 149, eee 254, eee 479, eee 267, eee 377, eee $1,825,888 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ .203, eee 834, eee 772,eee $1,809,000 $ 185, eee 834, eee 806,888 $1,825,888 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: $2,280,000 1,812,600 467,400 Check my world 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 $2,28e, eee 1,812,6ee 467,400 282,512 184,888 $ 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 las year? Complete this question by entering your answers in the tabs below. Required A Required B

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