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 $ 127,000 340,000 577,000 866,000 403,000 251,000 $ 2,564,000 $ 130,000 473,000 473,000 874,000 433.000 248,000 $2,631,000 $ 386,000 1,024,000 1,154,000 $ 2,564,000 $ 336,000 1,024,000 1,271,000 $2,631,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 120,000 Tax expense 198,000 Net income $ 4,246,000 3,566,640 679,360 318,000 361.360 The company paid dividends of $244,360 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