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 137,000 348,000 571,000 844,000 395,000 253,000 $ 2,548,000 $ 140,000 476,000 471,000 853.000 434,000 247,000 $ 2,621,000 374,000 1,046,000 1,128,000 $ 2,548,000 $ 338,000 1,046,000 1,237,000 $2,621,000 Joel de Paris, Ind. Income Statement Sales Operating expenses Net operating income Interest and taxes! Interest expense $ 118,000 Tax expense 198,000 4,800,000 4,032,000 768,000 $16,000 WA Help Save & Exit Sub 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 137.000 348,000 571,000 844.000 395,000 253,000 2,548,000 $ 140,000 476.000 471.000 853,000 434.000 247.000 $2,621,000 374,000 1,046,000 1, 128,000 $ 2,548,000 $ 338.000 1,046,000 1.237,000 $2,621,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expenses $ 118,000 Tax expense 198,000 Net income $ 4,800,000 4.032,000 768,000 316,000 452,000 $ The company paid dividends of $343,000 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%, Interest expense Tax expense Net income $ 118,000 198,000 316,000 452,000 $ The company paid dividends of $343,000 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 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? Average operating assets Margin Turnover ROI Residual income