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Check my work 2 Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Inc., for last year
Check my work 2 Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Inc., for last year follow: 20 points Joel de Paris, Inc Balance Sheet Beginning Balance Ending Balance eBook Print References Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) Total assets $128,000 130,000 484,000 471,000 795,000 429,000 250,000 $ 2,484,000 2,559,000 346,000 577,000 789,000 395,000 249,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total 1iabilities and stockholders' equity $ 383,000 333,000 950,000 1.151,000 1,276,000 $2,484,000 $2,559,000 950,000
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