Che Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ 138,888 479,00 489,000 Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Huisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-ter debt Stockholders' equity Total Habilities and stockholders' equity $ 136,eee 349,eee 576,eee 779,00 488.00 24.ee $ 2,495.ee 432,eee 251 eee 5 2,563, eee $ 373, 968, eee 1,154.ee $ 2,495,000 $ 958,000 1,263, $ 2,563,00 loel de Paris, Ine. Income Statement $ 4,454, ce 3,829, 810 Operating expenses Net operating income Interest and taxes: Interest expense TAX wapens Net Income $ 124,000 2ee.ee 324,00 39,960 The company paid dividends of $191,960 last year. The investment in Buisson, SA on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15% 299, eee Tax expense Met incone 324,000 300,960 $ The company paid dividends of $191,960 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, tumover, and return on investment (ROI) for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year? 1. 2 Average operating assets Mergin Turnover ROI Residual income 3.