Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc Balance Sheet Beginning Balance Ending Balance Assets Cash 129,000 343,000 566,000 842,000 394,000 252,000 126,000 489,000 475,000 830,000 426,000 247,000 Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) $ 2,593,000 $2,526,000 Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity 385,000 345,000 1,014,000 1,127,000 $ 2,526,000 1,014,000 1,234,000 $ 2,593,000 Total liabilities and stockholders' equity Joel de Paris, Inc Income Statement $ 5,130,000 4,360,500 769,500 Sales Operating expenses Net operating income Interest and taxes Interest expense Tax expense $ 122,000 195,000 317,000 452,500 Net income The company paid dividends of $345,500 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 2 Margin % Turnover ROI % Residual income 3