The company paid dividends of $372,040 last year. The Investment in Buisson, S.A., on the...
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Accounting

The company paid dividends of $372,040 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%.
Compute the company's average operating assets for last year. Compute the companys margin, turnover, and return on investment (ROI) for last year. Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places. What was the companys residual income last year?

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