1 Financial data for Joel de Paris, Inc., for last year follow: 10 points Skipped eBook References Assets Cash Accounts receivable Inventory Plant and equipment, net Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ 127,000 $ 131,000 334,000 489,000 563,000 481,000 856,000 819,000 393,000 428,000 252,000 247,000 $ 2,525,000 Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 371,000 970,000 1,184,000 $2,525,000 $2,595,000 $ 333,000 970,000 1,292,000 $2,595,000 Sales Joel de Paris, Inc. Income Statement Operating expenses Net operating income Interest expense Interest and taxes: Tax expense Net income $4,180,000 3,469,400 710,600 $128,000 207,000 335,000 $ 375,600 The company paid dividends of $267,600 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. Average operating assets 2. Margin % Turnover 3. ROI Residual income % 10 2 points Skipped Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Company B A C Sales $ 2,880,000 $ 1,355,000 Net operating income $ 374,400 S 243,900 eBook Average operating assets $ 1,600,000 $ 2,550,000 Margin % % 4 % Turnover 2.40 References Return on investment (ROI) % 9.00 % %