Balance Balance 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 $ 133,000 340,000 567,000 800,000 395,000 254,000 $ 2,489,000 S 140,000 478,000 481,000 781,000 435,000 251, 000 $ 2,566,000 S 371,000 960,000 1,158,000 $ 2,489,000 S 349,000 960,000 1,257,000 $ 2,566,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 111,000 Tax expense 200,000 Net income $5,208,000 4,270,560 937, 440 311,000 $ 626, 440 The company paid dividends of $527,440 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? $ 2,782,000 1. 2 % Average operating assets Margin Turnover ROI Residual income % 3