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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	131,000		$	128,000
Accounts receivable		334,000			487,000
Inventory		577,000			472,000
Plant and equipment, net		888,000			883,000
Investment in Buisson, S.A.		392,000			433,000
Land (undeveloped)		246,000			254,000
Total assets	$	2,568,000		$	2,657,000
Liabilities and Stockholders' Equity
Accounts payable	$	378,000		$	340,000
Long-term debt		985,000			985,000
Stockholders' equity		1,205,000			1,332,000
Total liabilities and stockholders' equity	$	2,568,000		$	2,657,000

Joel de Paris, Inc. Income Statement
Sales					$	4,485,000
Operating expenses						3,767,400
Net operating income						717,600
Interest and taxes:
Interest expense	$	128,000
Tax expense		197,000				325,000
Net income					$	392,600

The company paid dividends of $265,600 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