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Problem 11-17 (Algo) Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financlal dats for Joel de Park, lncorporated, for last year follaw: The compony
Problem 11-17 (Algo) Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financlal dats for Joel de Park, lncorporated, for last year follaw: The compony psid dividends of $234,730 last yesr. The "Investment in Bulsson, S.A.," on the bolance sheet represents an Investment in the stock of snather company. The company's minimum requlred rate of retum of 15%. Required: L. Compute the compsny's sversge operating sasets for last yeer: 2 Compute the compsny's margin, tumaver, and return on livestment (ROl) for last year Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places. 3. What was the compony's residual income last year
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