Question 1 options:

Financial data for Beaker Company for last year appear below:

Beaker Company
Statements of Financial Position
	Beginning Balance			Ending Balance
Assets:
Cash	$	263,000		$	31,164
Accounts receivable		126,000			215,000
Inventory		255,000			266,000
Plant and equipment (net)		466,000			473,000
Investment in Cedar Company		221,000			293,000
Land (undeveloped)		497,000			497,000
Total assets	$	1,828,000		$	1,775,164
Liabilities and owners' equity:
Accounts payable	$	164,000		$	228,000
Long-term debt		884,000			884,000
Owners' equity		780,000			663,164
Total liabilities and owners' equity	$	1,828,000		$	1,775,164

Beaker Company
Income Statement
Sales				$	2,040,000
Less operating expenses					1,795,200
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)

$