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Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $127,070 last year The Investment in Buisson, SA; on
Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $127,070 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 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 (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year
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