Financial data for Joel de Paris, Inc., for last year follow:

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	137,000		$	136,000
Accounts receivable		343,000			488,000
Inventory		567,000			484,000
Plant and equipment, net		833,000			812,000
Investment in Buisson, S.A.		393,000			433,000
Land (undeveloped)		249,000			248,000
Total assets	$	2,522,000		$	2,601,000
Liabilities and Stockholders' Equity
Accounts payable	$	374,000		$	333,000
Long-term debt		952,000			952,000
Stockholders' equity		1,196,000			1,316,000
Total liabilities and stockholders' equity	$	2,522,000		$	2,601,000

Joel de Paris, Inc. Income Statement
Sales					$	4,750,000
Operating expenses						3,895,000
Net operating income						855,000
Interest and taxes:
Interest expense	$	118,000
Tax expense		205,000				323,000
Net income					$	532,000

The company paid dividends of $412,000 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 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?

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