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Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris,
Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc Balance Sheet Beginning Balance Ending Balance Book Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Print $ 131,00 131,000 476,000 487,000 796,000 430,000 251,000 339,000 561,900 819,006 394,000 250,008 rences 2,494,800 2,571,000 $ 377,000 1,006,000 1,111,000 347,000 1,006,00e 1,218,000 2,494,000 $ 2,571,000
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