{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T23:07:50-04:00", "answer_date": "2024-05-26 23:07:50", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1764955", "url": "\/study-help\/questions\/financial-data-for-joel-de-paris-incorporated-for-last-year-1764955", "question_creation_date_js": "2024-05-26T23:07:50-04:00", "question_creation_date": "May 26, 2024 11:07 PM", "meta_title": "[Solved] Financial data for Joel de Paris, Incorpo | SolutionInn", "meta_description": "Answer of - Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets | SolutionInn", "meta_keywords": "financial,data,joel,de,paris,incorporated,year,follow,balance,sheet,assets,cash", "question_title_h1": " Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Beginning Balance $", "question_title": " Financial data for Joel de Paris, Incorporated, for last year follow:", "question_title_for_js_snippet": "Financial data for Joel de Paris, Incorporated, for last year follow Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Beginning Balance $ 135,000 330,000 570,000 Ending Balance $ 131,000 472,000 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 Joel de Paris, Incorporated Income Statement 795,000 394,000 254,000 $ 2,478,000 $ 384,000 984,000 1,110,000 $ 2,478,000 486,000 781,000 431,000 253,000 $ 2,554,000 $ 331,000 984,000 1,239,000 $2,554,000 Sales Operating expenses Net operating income Interest and taxes Tax expense $ 122,000 200,000 Interest expense Net income $ 4,810,000 4,136,600 673,400 322,000 $ 351,400 The company paid dividends of $222,400 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 ", "question_description": "\"image\"image", "transcribed_text": "Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Beginning Balance $ 135,000 330,000 570,000 Ending Balance $ 131,000 472,000 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 Joel de Paris, Incorporated Income Statement 795,000 394,000 254,000 $ 2,478,000 $ 384,000 984,000 1,110,000 $ 2,478,000 486,000 781,000 431,000 253,000 $ 2,554,000 $ 331,000 984,000 1,239,000 $2,554,000 Sales Operating expenses Net operating income Interest and taxes: Tax expense $ 122,000 200,000 Interest expense Net income $ 4,810,000 4,136,600 673,400 322,000 $ 351,400 The company paid dividends of $222,400 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%.", "related_book": { "title": "Accounting", "isbn": "978-0324662962", "edition": "23rd Edition", "authors": "Jonathan E. Duchac, James M. Reeve, Carl S. Warren", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/46.jpg", "uri": "\/textbooks\/accounting-23rd-edition-46", "see_more_uri": "" }, "free_related_book": { "isbn": "1292317329", "uri": "\/textbooks\/university-calculus-early-transcendentals-4th-edition-978-1292317328-136987", "name": "University Calculus Early Transcendentals", "edition": "4th Edition" }, "question_posted": "2024-05-26 23:07:50", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/lionel-train-company-has-the-following-information-for-this-year-133121", "description": "Lionel Train Company has the following information for this year and next year. 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