5 Book Print rances Assets Cash Accounts receivable: Inventory Plant and equipment, net Joel de Paris, Incorporated Balance Sheet Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes Interest expense Tax expense $ 115,000 208,000 $4,800,000 4,176,000 624,000) 326,000 $290,000 Beginning Balance $132,000 Ending Balance $133,000 332,000 483,000 567,000 487,000 869,000 837,000 402,000 250,000 $ 2,552,000 $ 379,000 985,000 1,188,000 426,000 250,000 $ 2,616,000 $333,000 985,000 1,298,000 $ 2,552,000 $ 2,616,000 Check Net income The company paid dividends of $188.000 last year. The "investmens in Buisson, SA on the balance sheet represents an investment in the stock of another company The company's minimum required rate of return of 15% Required: 1. Compute the company's average operating assets for last year 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2 Margin 2. Turnover 2. ROI 3 Residual income Type here to search mi 75 13.00% 1% O 4 S