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Hinancial data for Joel de Paris, Incorporated, for last year tollow: The company paid dividends of $15.000 last year. The Investment in Bulsson, S.A, on
Hinancial data for Joel de Paris, Incorporated, for last year tollow: The company paid dividends of $15.000 last year. The "Investment in Bulsson, S.A, on the balance sheet represents an investment in he stock of another company. The company's minimum required rate of return of 15%. Required: Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (RO) for last year. (Round "Turnover" to 1 decimal place.) What was the company's residual income last year
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