Question 5 Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, The Balance Sheet Beginning Balanse Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in fuisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total 11bilities and stockholders' equity $ 137,000 $ 135,000 349.000 485,000 564,000 464,000 540,000 826,000 410,000 431,000 254.000 249.00 52,554,600 $ 2,610,000 $ 387.000 1,042,000 1.125.000 $ 2,554,000 $ 334,000 1,042,000 1.236.000 $ 2,610,000 Voel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 111,000 Tax expense 194.000 Net Income $ 4,395,000 3,234,050 658,950 305.000 353,950 The company paid dividends of $244,950 last year. The investment in Buisson SA on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15% Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (Rol for last year. (Round "Margin", "Turnover" and "ROT" to 2 decimal places.) 3. What was the company's residual income last year? % 1 Average operating assets 2 Margin Tumover ROI 3 Residual income Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rates 16%. After careful study, Oakmont estimated the following costs and revenues for the new product Cost of equipment needed Working capital needed Overhaul of the equipment in year two Salvage value of the equipment in four years $ 150,000 $ 64,000 $ 10,000 $ 14,000 Annual revenues and costs: Sales revenues Variable expenses Fixed out-of-pocket operating costs 5 290,000 $ 140,000 $ 74,000 When the project concludes in four years the working capital will be released for investment elsewhere within the company, Click here to view Exhibit 13B-1 and Exhibit 138-2. to determine the appropriate discount factor(s) using tables, Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.) Net present value