Question: my answers are wrong please help Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance

my answers are wrong please help

Financial data for Joel de Paris, Inc., for last year follow:

Joel de Paris, Inc. Balance Sheet
Beginning Balance Ending Balance
Assets
Cash $ 127,000 $ 129,000
Accounts receivable 332,000 476,000
Inventory 572,000 488,000
Plant and equipment, net 849,000 827,000
Investment in Buisson, S.A. 396,000 434,000
Land (undeveloped) 245,000 246,000
Total assets $ 2,521,000 $ 2,600,000
Liabilities and Stockholders' Equity
Accounts payable $ 376,000 $ 331,000
Long-term debt 1,041,000 1,041,000
Stockholders' equity 1,104,000 1,228,000
Total liabilities and stockholders' equity $ 2,521,000 $ 2,600,000

Joel de Paris, Inc. Income Statement
Sales $ 3,990,000
Operating expenses 3,431,400
Net operating income 558,600
Interest and taxes:
Interest expense 119,000
Tax expense 196,000 315,000
Net income $ 243,600

The company paid dividends of $119,600 last year. The Investment in Buisson, S.A., on the balance sheet represents an investment in the stock of another company.

Required:

1. Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your answers to 1 decimal place.)

2. The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 20%. What was the companys residual income last year?

net operating income?

minimum income requried?

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