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Financlal data for Joel de Parls, Incorporated, for last year follow: The company pald divldends of $129,800 last year. The Investment In Bulsson, S.A., on
Financlal data for Joel de Parls, Incorporated, for last year follow: The company pald divldends of $129,800 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 required rate of return 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. Note: Round "MargIn", "Turnover" and "ROI" to 2 decimal places. 3. What was the company's residual Income last year
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