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Problem 11-17 (Algo) Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Inc, for last year follow: The company

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Problem 11-17 (Algo) Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Financial data for Joel de Paris, Inc, for last year follow: The company paid dividends of $239,500 lost yeot, The "Investment in Buisson, S. " on the bolance sheet represents an imvestment in the stock of another company. The company's minimum required rate of return of 15%. Required: 1. Compute the company's average operoting assets for last year. 2. Compute the company's margin, tumover, and retum on investment (RO) for last year (Roghnd "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the compony's residual income last yeor

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