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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 Accounts receivable

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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 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 $ 126,000 344,000 568,000 852,000 399,000 255,000 $ 2,544,000 134,000 485,000 483,000 828,000 434,000 246,000 $ 2,610,000 376,000 1,001,000 1,167,000 $ 2,544,000 $ 343,000 1,001,000 1, 266,000 $2,610,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Het operating income Interest and taxes: Interest expense $ 117,000 Tax expense 203,000 Net income $ 4,202,000 3,571,700 630,300 $ 320,000 310,300 Sook The company paid dividends of $211,300 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? Average operating assets Margin Turnover ROL Residual income

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