Dints C aw 11 Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Sales Operating expenses Net Joel de Paris, Inc. Income Statement operating income Interest and taxes: Interest $122,000 expense Tax expense 206,000 Net income 1. 2. 3. Average operating assets Margin Turnover ROI Residual income Beginning Balance $5,049,000 4,392,630 $ 139,000 $ 133,000 339,000 489,000 562,000 480,000 810,000 788,000 393,000 430,000 251,000 249,000 $2,494,000 $2,569,000 656,370 The company paid dividends of $206,370 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%. Equity $ 381,000 $ 334,000 1,007,000 1,007,000 1,106,000 1,228,000 $2,494,000 $2,569,000 328,000 $ 328,370 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year? X Answer is complete but not entirely $ 2,120,000 Ending Balance $ 338,370X 13.00 % 2.38X 30.94%

Financiol data for Joel de Paris, Inc, for last year follow; The company poid dividends of $206.370 last yeat. The "investment in Euisson, 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% : Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on imvestment (ROD for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. Whot was the company's residual income last year? Financiol data for Joel de Paris, Inc, for last year follow; The company poid dividends of $206.370 last yeat. The "investment in Euisson, 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% : Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on imvestment (ROD for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. Whot was the company's residual income last year