Financial data for Joel de Paris, Inc., for last year follow. Ending Balance Joel de Paris, Inc. Balance Sheet Beginning Balance Assets Cash 120.000 Accounts receivable 333.000 Inventory 577.000 Plant and equipment, net 854,000 Investment in Buisson, S.A. 392.000 Land (undeveloped) 250.000 Total assets $ 2,532.000 $ Liabilities and Stockholders' Equity Accounts payable 388.000 $ Long-term debt 990.000 Stockholders' equity 1.154.000 Total liabilities and stockholders' equity $ 2.532,000 $ 132.000 483.000 472.000 843.000 433.000 252.000 2.615.000 339.000 990.000 1.298.000 2.615.000 Joel de Paris, Inc. Income Statement $ 4.775.000 4.202.000 573.000 Sales Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income 114.000 208.000 322.000 251.000 $ The company paid dividends of $119,000 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 company's margin, turnover, and return on investment (ROI) for last year. (Round your answers to 1 decimal place.) Margin Turnover ROI 2. The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 18%. What was the company's residual income last year? Net operating income Minimum required return Residual income