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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet points Beginning Balance Ending Balance eBook Assets Cash

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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet points Beginning Balance Ending Balance eBook Assets Cash Accounts receivable Inventory Plant and equipment, net 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 128,000 331,200 574, eee 807,200 403,000 254,00 $ 2,497,200 $ 136,000 490,000 475,00 779, eee 432,000 249,000 $ 2,561,600 Print References $ 382,200 998,00 1,117,000 $ 2,497,00 $ 340,000 998, eee 1,223,00 $ 2,561, eee Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 114,000 Tax expense 196,000 Net income $ 5,208, 4,530,960 677,640 310, 367,040 $ The company pald dividends of $261,040 last year. The "Investment In Buisson, S.A.," 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. (Do not round Intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual Income last year? 1. 2. Average operating assets Margin Turnover ROI Residual income

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