Question: Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and

Financial data for Joel de Paris, Incorporated, for last year follow: Joel

 de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and

Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet 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 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 126,000 204,000 Beginning Balance $ 137,000 338,000 567,000 808,000 407,000 252,000 $ 2,509,000 $ 386,000 962,000 1,161,000 $ 2,509,000 $ 4,301,000 3,698,860 602,140 330,000 $ 272,140 Ending Balance $ 135,000 481,000 474,000 800,000 432,000 254,000 $ 2,576,000 $ 343,000 962,000 1,271,000 $ 2,576,000 The company paid dividends of $162,140 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income % %

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