1 Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet s Beginning Balance Ending Balance Eipped Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeve loped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 126,000 341,000 570,000 853,000 406,000 247,000 $ 2,543,000 $ 133,000 471,000 477,000 849,000 426,000 248,000 $ 2,604,000 Book Print $ 376,000 1,028,000 1,139,000 $ 2,543,000 $ 337,000 1,028,000 1,239,000 $ 2,604,000 erences Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 126,000 Tax expense 191,000 Net income $ 3,820,000 3,247,000 573,000 317,000 $ 256,000 The company paid dividends of $156,000 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.) Book 191,000 Tax expense Net income 317,000 256,000 $ Print The company paid dividends of $156,000 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%. erences 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. 2. Average operating assets Margin Turnover % ROI % 3. Residual income