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 $ 128,000 348,000 564,000 850,000 404, eee 254,000 $ 2,548,000 $ 131,000 470,000 475,000 854,000 432,000 246,000 $ 2,608,000 $ 383,000 1,009,000 1,156, eee $ 2,548,000 336,000 1,009,000 1,263,000 $ 2,608,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 111,000 Tax expense 190,000 Net income $ 4,393, 000 3,690, 120 702,880 301, eee 401,880 $ The company paid dividends of $294,880 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 % 3. Residual income Problem 11-19 (Algo) Comparison of Performance Using Return on Investment (ROI) (LO11-1) 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 A B Sales $ $ 1,032,000 $ 4,752,000 475,200 2,160,000 196,080 $ 2,610,000 Net operating income Average operating assets Margin Turnover Return on investment (ROI) % % 7% 2.30 % 5.70 % %