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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: Joel de Paris,
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: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land lundeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term dett Stackholders' equity $ 140,000 120,000 450,000 530,000 320,000 380,000 680,000 620,000 250,000 280,000 180,000 170,000 $2020,000 $2.100.000 360,000 310,000 1,500,000 1500,000 160,000 290,000 Total iabilinies and stockholders equity 2,020,000 $2100,000
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