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Financlal data for Joel de Parls, Incorporated, for last year follow: The company pald dividends of $185,400 last year. The Investment In Bulsson, S.A., on
Financlal data for Joel de Parls, Incorporated, for last year follow: The company pald dividends of $185,400 last year. The "Investment In Bulsson, S.A.," on the balance sheet represents an Investment In the stock of another company. The company's minimum requilred 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 (ROl) for last year. (Round "Margin", "Turnover" and "ROI" to 2 declmal places.) 3. What was the company's residual Income last year
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