Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 129,000 $ 130,000 Accounts receivable 341,000 476,000 Inventory 578,000 478,000 Plant and equipment, net 862,000 866,000 Investment in Buisson, S.A. 408,000 430,000 Land (undeveloped) 247,000 252,000 Total assets $ 2,565,000 $ 2,632,000 Liabilities and Stockholders' Equity Accounts payable $ 376,000 $ 343,000 Long-term debt 965,000 965,000 Stockholders' equity 1,224,000 1,324,000 Total liabilities and stockholders' equity $ 2,565,000 $ 2,632,000 Joel de Paris, Inc. Income Statement Sales $ 5,211,000 Operating expenses 4,429,350 Net operating income 781,650 Interest and taxes: Interest expense $ 120,000 Tax expense 206,000 326,000 Net income $ 455,650 The company paid dividends of $355,650 last year. The Investment in Buisson, S.A., on the balance sheet represents an investment in the stock of another company. Required: 1. Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your answers to 2 decimal places.) 2. The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 17%. What was the companys residual income last year?