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 $ 133,000 348,000 575,000 864,000 395,000 251,000 $ 2,566,000 $ 139,000 479,000 487,000 855,000 432,000 250,000 $ 2,642,000 $ 375,000 988,000 1,203,000 $ 2,566,000 $ 335,000 988,000 1,319,000 $ 2,642,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 125,000 Tax expense 208,000 Net income $ 4,656,000 4,004,160 651,840 333,000 318,840 $ The company paid dividends of $202,840 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year? 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. (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 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 C $ 3,652,000 $ 584,320 $ 1,660,000 $ 1,890,000 $ 226,800 Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) % % $ 2,740,000 5 % 2.30 % 7.20 %