Chapter 11 6 Saved Help Save & Exit Submit Check my work 6 Joel de Paris, Ine Income Statement Sales Operating expenses Net operating income Interest and taxes: 4,836,000 4,062,240 773,760 10 points s 113,000 Interest expense Tax expense 210,000323000 $ 450,760 Net income eBook Print The company paid dividends of $327,760 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 of 15%. References 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 "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin Tunover ROl 3. Residual income Mc Hill