Question: 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.


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? Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $164,500 last year, The "Investment in Buisson, SA; on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of retum 15%
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