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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Ending Beginning Balance Balance Assets Cash Accounts receivable

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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Ending Beginning Balance Balance Assets Cash Accounts receivable Inventory plant and equipment, net Investment in Buisson, S.A. Land (undevelopedy Total assets Liabilities and Stockholders Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stookholders equity 126,000 340,000 578,000 826,000 405,000 253,000 129,000 472,000 470,000 839,000 433,000 245,000 2,528,000 2,588,000 S 381,000 $ 347,000 1,044,000 1,044,000 1.103.000 .197000 2,528,000 2,588,000 Joel de Paris, Inc. Income Statement 5,292,000 4,551,120 740,880 Sales Operating expenses Net operating income Interest and taxes Interest expense Tax expense Net income 116,000 207,000 323,000 417,880 The company paid dividends of $323,880 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

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