TB Problem Qu. 11-168 Financial data for Beaker... 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) $ 303,000 169,000 242,000 481,000 256,000 280,000 $1,731,000 $ 337,392 217,000 238,000 407,000 308,000 280,000 $1,787,392 nvestment in Cedar Company Land (undeveloped) Total assets Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 171,000 810,000 750,000 $1,731,000 $ 188,000 810,000 789,392 $1,787,392 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes $2,220,000 1,687,200 532,800 nterest expense Tax expense $103,600 191,808 295,408 $ 237,392 Net income The company paid dividends of $198,000 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 ARequired B Compute the company's margin, turnover, and return on investment for last year. (Round your "Percentage" answers to 2 decimal places.) Turnover Return on investment Required A Required B>