Financial data for Joel de Paris, Inc., for last year follow:

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	125,000		$	128,000
Accounts receivable		346,000			470,000
Inventory		576,000			479,000
Plant and equipment, net		833,000			843,000
Investment in Buisson, S.A.		394,000			426,000
Land (undeveloped)		255,000			251,000
Total assets	$	2,529,000		$	2,597,000
Liabilities and Stockholders' Equity
Accounts payable	$	386,000		$	345,000
Long-term debt		1,028,000			1,028,000
Stockholders' equity		1,115,000			1,224,000
Total liabilities and stockholders' equity	$	2,529,000		$	2,597,000

Joel de Paris, Inc. Income Statement
Sales					$	4,750,000
Operating expenses						3,990,000
Net operating income						760,000
Interest and taxes:
Interest expense	$	122,000
Tax expense		204,000				326,000
Net income					$	434,000

The company paid dividends of $325,000 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 companys margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

3. What was the companys residual income last year?

2. % Average operating assets Margin Turnover ROI Residual income