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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	130,000		$	129,000
Accounts receivable		343,000			479,000
Inventory		563,000			474,000
Plant and equipment, net		874,000			868,000
Investment in Buisson, S.A.		390,000			427,000
Land (undeveloped)		252,000			250,000
Total assets	$	2,552,000		$	2,627,000
Liabilities and Stockholders' Equity
Accounts payable	$	383,000		$	335,000
Long-term debt		1,013,000			1,013,000
Stockholders' equity		1,156,000			1,279,000
Total liabilities and stockholders' equity	$	2,552,000		$	2,627,000

Joel de Paris, Inc. Income Statement
Sales					$	4,053,000
Operating expenses						3,363,990
Net operating income						689,010
Interest and taxes:
Interest expense	$	114,000
Tax expense		190,000				304,000
Net income					$	385,010

The company paid dividends of $262,010 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?

% 1. Average operating assets 2. Margin Turnover ROI 3. Residual income %