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Financial data for Joel de Paris, Inc. for last year follow. Joel de Paris, Tac. Balance Sheet beginning Balance Ending 13, 24.ee 572.ee 846,000 Accounts

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Financial data for Joel de Paris, Inc. for last year follow. Joel de Paris, Tac. Balance Sheet beginning Balance Ending 13, 24.ee 572.ee 846,000 Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long tere debt Stockholders' equity Total abilities and stockholders' equity 2,540,000 $ 2,632.00 Joel de Paris, Inc. Income Statement Operating expenses N operation income stars EDC Interest expense Ne cone The company paid dividends of $135.440 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 retum of 15% o Operating expenses et operating income Interest and taxes: on the balance sheet represents an investment in the stock of The company paid dividends of $135,440 last year. The investment in Buisson SA 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. Average operating assets Marcin ROI Residual income 3

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