Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending 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 131,000 345,000 570,000 864,000 399,000 252,000 $ 2,561,000 $ 127,000 472,000 478,000 873,000 434,000 253,000 $2,637,000 $ 389,000 1,026,000 1,146,000 $ 2,561,000 $ 340,000 1,026,000 1,271,000 $2,637,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: $ 4,053,000 3,363,990 689,010 Interest expense Tax expense Net income $ 118,000 193,000 311,000 378,010 $ The company paid dividends of $253,010 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? Average operating assets Margin Turnover ROI Residual income 3. Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) $ $ $ Company $ 1,614,000 $ 242,100 $ 26,900 5,236,000 733,040 2,380,000 14% $ Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) 2,630,000 41% 2.20 2.30 52.36% 9.00 %