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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending 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 Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholdersequity Total liabilities and stockholders' equity $ 139,000 134,000 474,000 473,000 889,000 428,000 250,000 $ 2,590,000 2,648,000 342,000 566,000 883,000 407,000 253,000 $ 383,000 335,000 978,000 1,335,000 $ 2,590,000 2,648,000 978,000 1,229,000 Joel de Paris, Inc. Income Statement $4,290,000 3,689,400 600,600 Sales Operating expenses Net operating income Interest and taxes: $ 115,000 191,000 Interest expense 306,000 $ 294,600 Tax expense Net income The company paid dividends of $188,600 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 company's margin, turnover, and return on investment (ROl) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1.Average operating assets 2. Margin Turnover ROI 3.Residual income

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