Connect HW Chapter 11 Ch Balance Assets $ 139,00 341,00 575.000 845, 03 401,000 248.000 $ 2,549,000 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 5 128,000 472.00 478,000 862,000 431,000 247,000 $2,618,000 points eBook $ 374,000 984,000 1,191,000 $ 2,549,000 S 348.000 984,000 1,286,000 $2,618,000 Joel de Paris, Inc. Income Statenent Sales Operating expenses Net Operating income Interest and taxes: Interest expense $ 112,800 Tax expense 196,000 Net Income $ 5,376,000 4,569,600 806, 400 300.000 400,00 $ The company paid dividends of $403,400 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% 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