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dents | Southeastern Oklahoma State University nework ertomheducation.com Question 1- Seved Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A.

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dents | Southeastern Oklahoma State University nework ertomheducation.com Question 1- Seved Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Balance Sheet Beginning Balance Ending Balance $135,000 $127,000 347,000 480,000 571,000 477,000 837,000 846,000 485,000 428,000 253,000 248,000 $ 2,548,000 $2,606,000 $333,000 956,000 1,317,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 120,000 197,000 $387,000 956,000 1,205,000 $ 2,548,000 $ 2,606,000 $ 5,157,000 4,435,820 721,900 317,000 5404,980 The company paid dividends of $292.980 last year. The "Investment in Buisson, S.A," on the an investment in the stock of another company. The company's minimum required rate of retu Required: 1. Compute the company's average operating assets for last year $ R 55 MacBook Air 66 & 87 7 100 84 ( 6 80 T Y U 0 O

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