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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	140,000		$	139,000
Accounts receivable		342,000			476,000
Inventory		561,000			474,000
Plant and equipment, net		787,000			781,000
Investment in Buisson, S.A.		408,000			429,000
Land (undeveloped)		254,000			251,000
Total assets	$	2,492,000		$	2,550,000
Liabilities and Stockholders' Equity
Accounts payable	$	386,000		$	336,000
Long-term debt		989,000			989,000
Stockholders' equity		1,117,000			1,225,000
Total liabilities and stockholders' equity	$	2,492,000		$	2,550,000

Joel de Paris, Inc. Income Statement
Sales					$	4,625,000
Operating expenses						3,885,000
Net operating income						740,000
Interest and taxes:
Interest expense	$	113,000
Tax expense		202,000				315,000
Net income					$	425,000

The company paid dividends of $317,000 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.)

3. What was the companys residual income last year?