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Hello I have a managerial accounting question that I need help on. Financial data for Joel de Paris, Inc., for last year follow: Joel de

Hello I have a managerial accounting question that I need help on.

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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 140.000 $ 123.000 Accounts receivable 331,000 477,000 Inventory 568,000 477,000 Plant and equipment, net 831,000 328,000 Investment in Buisson, S.A. 403,000 430,000 Land (undeveloped) 249,000 248,000 Total assets $2,527,000 $2,533,080 Liabilities and Stockholders' Equity Accounts payable $ 373.000 $ 342,000 Long-term debt 993,000 993,000 Stockholders' equity 1,161,000 1,253,000 Total liabilities and stockholders' equity $2,527,993 $2,533.90\" I Joel de Paris, Inc. Income Statement Sales $3,780,000 Operating expenses 3,213,000 Net operating income 567,000 Interest and taxes: Interest expense $122,000 Tax expense 210,000 332,000 Net income 15 235.303 , The company paid dividends of $143,000 last year. The "Investment in Buisson, 5A.," on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of15%. 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. - Elm- _- -_- s

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