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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc Balance Sheet Beginning Ending Balance Balance Assets Cash 133,000 348,000 570,000 809,000 398,000 246,000 129,000 473,000 Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) 476,000 822,000 426,000 252,000 Total assets 2,504,000 2,578,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity 371,000 1,003,000 1,130,000 343,000 1,003,000 1,232,000 $ 2,578,000 Total liabilities and stockholders' equity 2,504,000 Joel de Paris, Inc. Income Statement Sales 4,888,000 4, 203,680 Operating expenses Net operating income Interest and taxes: 684,320 Interest expense Tax expense 128,000 198,000 326,000 Net income 358,320 The company paid dividends of $256,320 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? Average operating assets Margin 1 2 Turnover ROI

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