Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 127,000 $ 139,000 Accounts receivable 343,000 485,000 Inventory 565,000 478,000 Plant and equipment, net 885,000 858,000 Investment in Buisson, S.A. 405,000 425,000 Land (undeveloped) 253,000 249,000 Total assets $2,578,000 $2,634,000 Liabilities and Stockholders' Equity Accounts payable $ 383,000 $ 349,000 Long-term debt 1,041,000 1,041,000 Stockholders' equity 1,154,000 1,244,000 Total liabilities and stockholders' equity $2,578,000 $2,634,000 Joel de Paris, Inc. Income Statement Sales $4,462,000 Operating 3,881,940 expenses Net operating 580, 060 income Interest and taxes: Interest $113,000 expense Tax expense 210,000 323,000 Net income $ 257,060 The company paid dividends of $167,060 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 1. assets 2. Margin Turnover ROI 3. Residual income %