2 Problem 11-17 (Algo) Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Land (undeveloped) Investment in Buisson, S.A. Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Beginning Balance Ending Balance $129,000 $136,000 339,000 474,000 578,000 470,000 874,000 880,000 404,000 426,000 248,000 252,000 $2,572,000 $2,638,000 $ 381,000 968,000 1,223,000 $2,572,000 $349,000 968,000 1,321,000 $ 2,638,000