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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 128,000

Financial data for Joel de Paris, Inc., for last year follow:

Joel de Paris, Inc. Balance Sheet
Beginning Balance Ending Balance
Assets
Cash $ 128,000 $ 134,000
Accounts receivable 349,000 485,000
Inventory 575,000 474,000
Plant and equipment, net 818,000 817,000
Investment in Buisson, S.A. 400,000 432,000
Land (undeveloped) 254,000 253,000
Total assets $ 2,524,000 $ 2,595,000
Liabilities and Stockholders' Equity
Accounts payable $ 375,000 $ 336,000
Long-term debt 994,000 994,000
Stockholders' equity 1,155,000 1,265,000
Total liabilities and stockholders' equity $ 2,524,000 $ 2,595,000

Joel de Paris, Inc. Income Statement
Sales $ 4,725,000
Operating expenses 3,969,000
Net operating income 756,000
Interest and taxes:
Interest expense $ 116,000
Tax expense 193,000 309,000
Net income $ 447,000

The company paid dividends of $337,000 last year. The Investment in Buisson, S.A., on the balance sheet represents an investment in the stock of another company.

Required:
1.

Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your answers to 2 decimal places.)

2.

The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 17%. What was the companys residual income last year?

Pleasee help me I posted this question before and all the answers were wrong

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