18 5,65 points Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Ending Balance Balance Assets Cash $ 131,000 $ 127,000 Accounts receivable 342,000 487,000 Inventory 574,000 475,000 Plant and equipment, net 783,000 781,000 Investment in Buisson, S.A. 406,000 429,000 Land (undeveloped) 246,000 248,000 Total assets $ 2,482,000 $ 2,547,800 Liabilities and Stockholders' Equity Accounts payable $ 372,000 $ 346,000 Long-tern debt 955,000 955,000 Stockholders' equity 1,155,000 1,246,000 Total liabilities and stockholders' equity $ 2,482,000 $2,547,000 eBook Print References Joel de Paris, Incorporated Income Statement Sales $ 4,625,000 Operating expenses 3,931,250 Net operating income 693,750 Interest and taxes: Interest expense $ 112,000 Tax expense 288,000 320,000 Net Incone $ 373,750 The company paid dividends of $282.750 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 2. Turnover 2. ROI % 3. Residual income