50 Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet points Assets Skipped Cash Accounts receivable Inventory Plant and equipment, net eBook Print References Investment in Buisson, 5.A. Land (undeveloped) Total assets Liabilities and stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Beginning Balance $132,000 345,000 577,000 846,000 395,000 246,000 $ 2,541,000 $ 389,000 996,000 1,156,000 $ 2,541,000 Ending Balance $ 120,000 476,000 485,000 851,000 432,000 248,000 $ 2,620,000 $349,000 996,000 1,275,000 $ 2,620,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating incone Interest expense Net income $111,000 210,000 $ 4,224,000 3,463,680 760,320 321,000 $439,320 The company paid dividends of $320,320 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: % %