Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc.

Balance Sheet Beginning Balance Endin

Accounts receivable 333,000 472,000 Inventory 562,000 487,000 Plant and equipment, net 880,000 845,000 Investm
(undeveloped) 252,000 245,000 Total assets $2,562,000 $2,613,000 Liabilities and Stockholders' Equity Accounts pa
Description
i need help figuring out average operating asset

Assets Beginning Balance Ending balance

Cash 125,000 136,000
Accounts receivable 333,000 472,000
Inventory 562,000 487,000
Plant & Equipment 880,000 845,000
Total Operating Assets 1,900,000 1,940,000

Average operating Assets = Beginning Balance + Ending Balance

2

1900000 +19400000
2

21,300,000
2

Average operating Assets = 10,650,000

ginning Balance Ending Balance Assets Cash $125,000 $136,000 
80,000 845,000 Investment in Buisson, S.A. 410,000 428,000 Land 
rs' Equity Accounts payable $373,000 $336