The company paid dividends of $482,050 last year. The Investment in Buisson, S.A, on the balance...
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The company paid dividends of $482,050 last year. The "Investment in Buisson, S.A," on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return 15% Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places. 3. What was the company's residual income last year? 1. Average operating assets $ 2,619,500 17.00 % 2. Margin 2. Turnover 2. ROI 3. Residual income % The company paid dividends of $482,050 last year. The "Investment in Buisson, S.A," on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return 15% Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places. 3. What was the company's residual income last year? 1. Average operating assets $ 2,619,500 17.00 % 2. Margin 2. Turnover 2. ROI 3. Residual income %
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