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Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, Inc. Balance Sheet Ending Balance Beginning Balance Assets 132,e00 484,000 471,

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Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, Inc. Balance Sheet Ending Balance Beginning Balance Assets 132,e00 484,000 471, 000 833,000 433,000 140,00e 346, 000 576,000 818,900 394,000 250,00e $2,524,eee Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. 252,900 $2,685,000 Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable $ 373,e0e 346,ee0 1,049,000 1,049,000 1,102,0001,210,000 Long-term debt Stockholders' equity Total liabilities and stockholders equity ces $2,524,000 $2,605,e00 Joel de Paris, Inc Income statement $4,750, eee 4, 085,000 665,000 Sales Operating expenses Net operating income Interest and taxes: Interest expense $118,600 Tax expense 311,e0e $ 354, ee0 193,00e Net income Net income The company paid dividends of $246,000 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 (RO) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places) 3. What was the company's residual income last year? 1. Average operating assels Margin Turnove ROI 3. Resdual ncome

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