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Compute the company?s margin, turnover, and return on investment (ROI) for last year

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Financial data for Bridger, Inc., for last year are as follows;Bridger, Inc.;Balance Sheet;Beginning;Balance Ending;Balance;Assets;Cash $ 133,000 $ 139,000;Accounts receivable 345,000 471,000;Inventory 577,000 471,000;Plant and equipment, net 855,000 869,000;Investment in Brier Company 402,000 427,000;Land (undeveloped) 246,000 253,000;Total assets $ 2,558,000 $ 2,630,000;Liabilities and Stockholders' Equity;Accounts payable $ 375,000 $ 341,000;Long-term debt 982,000 982,000;Stockholders' equity 1,201,000 1,307,000;Total liabilities and stockholders' equity $ 2,558,000 $ 2,630,000;Bridger, Inc.;Income Statement;Sales $ 5,404,000;Operating expenses 4,593,400;Net operating income 810,600;Interest and taxes;Interest expense $ 117,000;Tax expense 197,000 314,000;Net income $ 496,600;The company paid dividends of $390,600 last year. The ?Investment in Brier Company? on the balance sheet represents an investment in the stock of another company.;Required;1.;Compute the company?s margin, turnover, and return on investment (ROI) for last year. (Round your intermediate calculations and final answers to 1 decimal place.);Margin %;Turnover;ROI %;2. The board of directors of Bridger, Inc., has set a minimum required return of 18%. What was the company?s residual income last year?;Residual income $

 

Paper#20793 | Written in 18-Jul-2015

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