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Problem 1 0 - 1 5 ( Algo ) Return on Investment ( ROI ) and Residual Income [ LO 1 0 - 1 ,
Problem Algo Return on Investment ROI and Residual Income LO LO
Financial data for Joel de Paris, Incorporated, for last year follow:
tableJoel de Paris, IncorporatedIncome Statement,,
The company paid dividends of $ last year. The "Investment in Bulsson, SA on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of
Required:
Compute the company's average operating assets for last year.
Compute the company's margin, turnover, and return on investment ROI for last year. Do not round Intermedlate calculations and round your final answers to decimal places.
What was the company's residual Income last year?
table Average operating assets,, Margin,,
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