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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	136,000	$	128,000
Accounts receivable		336,000		481,000
Inventory		566,000		476,000
Plant and equipment, net		862,000		855,000
Investment in Buisson, S.A.		404,000		430,000
Land (undeveloped)		247,000		251,000
Total assets	$	2,551,000	$	2,621,000
Liabilities and Stockholders' Equity
Accounts payable	$	387,000	$	347,000
Long-term debt		1,028,000		1,028,000
Stockholders' equity		1,136,000		1,246,000
Total liabilities and stockholders' equity	$	2,551,000	$	2,621,000

Joel de Paris, Inc. Income Statement
Sales		$	3,840,000
Operating expenses			3,302,400
Net operating income			537,600
Interest and taxes:
Interest expense	$ 116,000
Tax expense	192,000		308,000
Net income		$	229,600

The company paid dividends of $119,600 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 21%. What was the companys residual income last year?