PROBLEM 1 1 - 1 7 Retum on Investment ( ROI ) and Residual Income ( G
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Question:
PROBLEM Retum on Investment ROI and Residual Income G LO LO
Financial data for Joel de Paris, Inc, for last jear follow:
The company paid dividends of $ last year. The "Investment in Buisson. SA on the balance sheat represents an irvestment in the
stock of another company: The company's minimum required rate of returm of
Required:
Compute the company's average operating assets for last year.
Compute the company's margin, turnover, and return on imvestment ROI for last year. Hint: Should you use nat incoma or
net operating income in your calculations?
What was the company's residual income last year?
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