Financial data for Joel de Paris, Inc., for last year follow: Ending Joel de Paris, Inc. Balance Sheet Beginning Balance Assets GEN Cash $ 132,000 Accounts receivable 343,000 Inventory 562,000 Plant and equipment, net 833,000 Investment in Buisson, S.A. 408,000 Land (undeveloped) A 252,000 Total assets AS $ 2,530,000 Liabilities and Stockholders' Equi Accounts payable 387,000 Long-term debt 1,023,000 Stockholders' equity 1, 120,000 Total liabilities and stockholders' equ $ 2,530,000 AD $ 130,000 477,000 482,000 8 21,000 432,000 246,000 $ 2,588,000 00 PO $ 333,000 1,023,000 1,232,000 $2,588,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 117,000 Tax expense 195,000 Net income $ 3,969,000 3,373, 650 595, 350 312,000 283,350 $ $ 3,969,000 3,373,650 595, 350 Sales Operating expenses Net operating income Interest and taxes! Interest expense Tax expense Net income $ 117,000 195,000 312,000 293.350 The company paid dividends of $171,350 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. 2. Average operating assets Margin Turnover ROI Residual income 3