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htmi Problem 10-15 Return on Investment (ROI) and Residual Income [LO10-1, L010-2] Financial data for Joel de Paris, Inc., for last year follow Balance Sheet

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htmi Problem 10-15 Return on Investment (ROI) and Residual Income [LO10-1, L010-2] Financial data for Joel de Paris, Inc., for last year follow Balance Sheet Ending Balance Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets s 133,e0e 335,800 564,000 818,000 398,000 246,800 134,000 485,000 476,000 795,800 428,000 247,000 es S 2,494,000 $2,565,00e Liabilities and Stockholders Equity Accounts payable Long-term debt Stockholders equity Total liabilities and stockholders equity 372,e0e $344,008 1,141,0001,248,808 $ 2,494,000 2,565,0ee 981,000 Income Statement Sales 981,000 Interest expense round your final answers to 2 decimal places.) he company paid dividends of $385,750 last year. The "Investment inE in the stock of another company. The company's minimum required rate Required: 1. Compute the company's average operating assets for last year 2. Compute the company's margin, turnover, and return on investment ( round your final answers to 2 decimal places.) 3. What was the company's residual income last year? ook int ences 1 Average operating assets 2. Margin 10.361% Turnover ROI 3. Residual income

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