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 $ 130,000 339,000 562,000 849,000 409,000 245,000 $ 2,534,000 $ 133,000 481,000 476,000 830,000 427,000 254,000 $2,601,000 $ 371,000 970, 000 1,193,200 $2,534,000 $ 342,000 970,000 1,289, een $2,601,000 Joel de Paris, Inc. Income Statenent Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 111,00 Tax expense 205,000 Net Income $5,320,000 4, 468,300 851,200 $ 316,000 535,200 The company paid dividends of $439.200 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 (RON for last year (Round "Margin" "Turnover" and "ROI" to 2 decimal places.) oders' equity Total liabilities and stockholders' equity 1,193,000 $ 2,534,000 1,289,000 $2,601,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 111,000 Tax expense 205,000 Net income $5,320,000 4,468,800 851,200 316,000 535,200 $ The company paid dividends of $439,200 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 "ROT" to 2 decimal places.) 3. What was the company's residual income last year? 1. 2. Average operating assets Margin Turnover ROL Residual income