Assets Cash Accounts receivable Inventory Plant and equipment, net Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance $ 137,000 $ 128,000 345,000 481,000 570,000 488,000 788,000 783,000 405,000 428,000 248,000 255,000 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 $ 2,493,000 $ 385,000 1,007,000 1,101,000 $ 2,563,000 $ 346,000 1,007,000 1,210,000 $ 2,493,000 $ 2,563,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 124,000 207,000 $ 4,464,000 3,839,040 624,960 331,000 $ 293,960 The company paid dividends of $184,960 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 % % A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent.) Answer is complete but not entirely correct. A Company B $ 9,090,000 $ 7,150,000 $ 303,000 $ 288,000 C $ 4,635,000 $ 274,500 x $ 1,600,000 $ 1,854,000 10 % 18 % 15% Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: $ 3,030,000 Percentage 8 % 16 % 12 % Dollar amount $ 242,400 $ 256,000 $ 222,480 Residual income $ 60,600 $ 32,000 S 92,700