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 $ 135,000 accounts receivable 334,000 485,000 inventory 562,000 490,000 plant and equipment, net 827,000 780,000 investment in buisson, s. a. 407,000 428,000 land (undeveloped) 245,000 252,000 total assets $ 2,502,000 $ 2,570,000 liabilities and stockholders' equity accounts payable $ 386,000 $ 341,000 long-term debt 1,024,000 1,024,000 stockholders' equity 1,092,000 1,205,000 total liabilities and stockholders' equity $ 2,502,000 $ 2,570,000 joel de paris, inc. income statement sales $ 4,114,000 operating expenses 3,579,180 net operating income 534,820 interest and taxes: interest expense $ 122,000 tax expense 203,000 325,000 net income $ 209,820 the company paid dividends of $96,820 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?

1. revising for conciseness - eliminating flabby expressions,limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center.read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a.m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.