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		$	128,000
Accounts receivable		348,000			480,000
Inventory		580,000			471,000
Plant and equipment, net		853,000			871,000
Investment in Buisson, S.A.		399,000			425,000
Land (undeveloped)		246,000			245,000
Total assets	$	2,555,000		$	2,620,000
Liabilities and Stockholders' Equity
Accounts payable	$	381,000		$	342,000
Long-term debt		986,000			986,000
Stockholders' equity		1,188,000			1,292,000
Total liabilities and stockholders' equity	$	2,555,000		$	2,620,000

Joel de Paris, Inc. Income Statement
Sales					$	4,825,000
Operating expenses						4,004,750
Net operating income						820,250
Interest and taxes:
Interest expense	$	118,000
Tax expense		196,000				314,000
Net income					$	506,250

The company paid dividends of $402,250 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?