Question: need help with question 1,2,2,2,3 Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning

need help with question 1,2,2,2,3
need help with question 1,2,2,2,3 Financial data for Joel de Paris, Incorporated,
for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet

Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 126,000 Accounts receivable 341,000 Inventory 568,000 Plant and equipment, net 815,000 Investment in Buisson, S.A. 398,000 Land (undeveloped) 252,000 Total assets $ 2,580,000 Liabilities and Stockholders' Equity Accounts payable $ 373,000 Long-term debt 1,041,000 Stockholders' equity 1,886,000 Total liabilities and stockholders' equity $ 2,500,000 $ 132,000 475,000 475,000 808,000 429,000 245,000 $ 2,564,000 $ 337,000 1,041,000 1,186,000 $ 2,564,000 Joel de Paris, Incorporated Income Statement Sales $ 4, 114,000 Operating experises 3,538,040 Net operating income 575, 960 Interest and taxes: Interest expense $ 117,000 Tax expense 193,000 310,000 Net Income $ 265,960 The compony paid dividends of $165,960 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% Joel de Paris, Incorporated Income Statement Sales $ 4,114,000 Operating expenses 3,538, 040 Net operating income 575,960 Interest and taxes: Interest expense $ 117,000 Tax expense 193.000 310,000 Net income $ 265,960 The company paid dividends of $165,960 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%. 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? $ 40,876 % 1. Average operating assets 2 Margin 2 Turnover 2. ROI 3. Residual income %

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