25 Financial data for Joel de Paris, Inc., for last year follow: Assets Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ 138,000 $ 135,000 Cash Accounts receivable Inventory Plant and equipment, net Investment in Duisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity 348,000 477,000 576,000 476,000 828,000 842,000 391,000 427,000 254,000 248,000 $2,535,000 $ 2,605,000 $ 389,000 $ 349,000 975,000 1,171,000 $2,535,000 975,000 1,281,000 $ 2,605,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Interest and taxes Net operating income Interest expense Tax expense Net income $4,393,000 3,777,980 615,020 $129,000 196,000 325,000 290,020 The company paid dividends of $180,020 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 Tumover ROI 3. Residual income % %