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please solve Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $472,600 last year. The Investment in Buisson,
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Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $472,600 last year. The "Investment in Buisson, S.A." on the balance sheet represents an investme 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. (Round "Margin", "Turnover" and "ROI" to decimal places.) 3. What was the company's residual income last year? The company paid dividends of $472,600 last year. The "Invebtment in Buisson, 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Step by Step Solution
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