17 Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet 7 points Beginning Balance Ending Balance eBook Assets Cash Accounts receivable Inventory Plant and equipment, net 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 $ 133,000 347,000 566,000 824,000 400,000 246,000 $ 2,516,000 $ 128,000 477,000 477,000 828,000 434,000 254,000 $ 2,598,000 Print $ 375,000 1,050,000 1,091,000 $ 2,516,000 349,000 1,050,000 1,199,000 $ 2,598,000 References Joel de Paris, Inc. Income statement Sales Operat expenses Net operating income Interest and taxes: Interest expense $ 117,000 Tax expense 208,000 Net income $ 4,158,000 3,617,460 540,540 325,000 215,540 $ The company paid dividends of $107,540 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. 2 % Average operating assets Margin Turnover ROI % 3 Residual income