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Joel de Paris, Incorporated Balance sheet Beginning Assets Balance Ending Balance Cash Accounts receivable Inventary Plant and equipnent, net Investment in Buisson, S.A. Land (undeveloped)

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Joel de Paris, Incorporated Balance sheet Beginning Assets Balance Ending Balance Cash Accounts receivable Inventary Plant and equipnent, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-terin debt Stockholders" equity Total liabilities and stockholdens' equity \begin{tabular}{rr} $139,000 & $126,000 \\ 338,000 & 476,000 \\ 564,000 & 480,000 \\ 849,000 & 848,000 \\ 403,090 & 434,000 \\ 246,000 & 252,000 \\ \hline$2,539,000 & $2,616,00 \\ \hline$377,000 & $349,000 \\ 973,000 & 973,090 \\ 1,189,000 & 1,294,000 \\ \hline$2,539,000 & $2,616,000 \\ \hline \end{tabular} Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating incone Interest and taxes: Interest expense Tax expense Wet income $4,811,000 681,8703,329,130 $127,600 192,600 $4,811,0003,329,130681,870 319,800$362,870 The company paid dividends of $257,870 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, tumover, and return on investment (ROI) for last year. (Do not round intermediate calculations and round your final answers to 2 decimal ploces.) 3. What was the company's residual income last year

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