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Financlal data for Joel de Parls, Incorporated, for last year follow: The company pald dividends of $30,400 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 $30,400 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 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. (Do not round Intermedlate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual Income last year
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