Problem 11-17 (Algo) Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Check my work Balance Sheet Assets Cash Accounts receivable 05 Plant and equipment, net Inventory 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 Joel de Paris, Incorporated Income Statement Beginning Balance Ending Balance $ 126,000 $ 126,000 344,000 471,000 571,000 482,000 851,000 433,000 252,000 849,000 403,000 249,000 $ 2,542,000 $ 387,000 1,044,000 1,111,000 $ 2,542,000 $ 2,615,000 $337,000 1,044,000 1,234,000 $ 2,615,000