TB Problem Qu. 11-168 Financial data for Beake... Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash 263,000 126,000 31,164 215,000 266,000 473,000 Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeve loped) 255,000 466,000 221,000 497,000 293,000 497,000 $1,775,164 Total assets $1,828,000 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity $ 164,000 228,000 884,000 663,164 884,000 780,000 Total liabilities and owners' equity $1,828,000 $1,775,164 Beaker Company Income Statement Sales $2,040,000 Less operating expenses Net operating income Less interest and taxes: 1,795,200 244,800 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. 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 20%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. 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" answers to 2 decimal places.) Margin Turnover Return on investment 12.00 % 0.93 Required B Required A 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 20%. What was the company's residual income last year? 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 20%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income Required A Required B