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Financial data for Joel de Paris, Inc., for last year follow. Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ $ Assets Cash

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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 126, 000 333,000 577,000 814.000 396,000 247,000 2,493,000 137,000 471.000 499.000 793, 000 429,000 2474000 2,566,000 $ $ S $2,000 997, 000 1. 114.000 2,493, 000 332,000 997,000 1.237.000 2,566,000 $ $ S Joel de Paris, Inc. Income Statement Sales Operatint expenses Net operating income Interest and taxes: Interest expense $ 128,000 Tax expense 208,000 Net income 188.000 3,859.680 628, 320 336.000 $ 292,320 The company paid dividends of $169,320 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

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