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Ending Balance Financial data for Joel de Paris, Incorporated, for last year follow. Doel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 137,000

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Ending Balance Financial data for Joel de Paris, Incorporated, for last year follow. Doel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 137,000 Accounts receivable 340,000 Inventory 565,000 plant and equipment, net 100,000 Investment in fuisson, 5.A. 409,000 Land (undeveloped 251,000 Total assets $ 2,500,000 Liabilities and Stockholders' Equity Accounts payable 5 377,000 Long tere debet 1,023,600 Stockholders' wity 1.110.000 Total abilities and stockholders' equity $ 2,510,000 $ 135,000 485.000 480,000 779.000 431,000 246,000 $ 2.567.000 $ 343,000 1,023,000 1,201, $ 2,567,000 Joel de Paris, Incorporated Income Statement Sales 5 4,114,000 Operating expenses 3,579.10 Net operating Income 536,020 Interest and test Interest expense $ 116,000 Te pense 199.000 315.000 met Income $ 219,020 The company paid dividends of $128,820 last year. The investment in Busson, 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, tumovec and return on investment (Ron for last year (Round "Margin", "Turnover" and "Ror to 2 decimal places) 3. What was the company's residual income last year? 1 Average ratings 2. Margi The company paid dividends of $128 820 last year The Investment 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, turnoves, and return on investment (Ron for last year (Round "Margin", "Turnover" and "ROR 10 2 decimal places) 3. What was the company's residual income last year? ET 1 Average operating 2. Margir 2. Turn 2 ROI

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