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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	126,000		$	135,000
Accounts receivable		334,000			483,000
Inventory		568,000			480,000
Plant and equipment, net		892,000			862,000
Investment in Buisson, S.A.		401,000			430,000
Land (undeveloped)		246,000			246,000
Total assets	$	2,567,000		$	2,636,000
Liabilities and Stockholders' Equity
Accounts payable	$	379,000		$	339,000
Long-term debt		1,020,000			1,020,000
Stockholders' equity		1,168,000			1,277,000
Total liabilities and stockholders' equity	$	2,567,000		$	2,636,000

Joel de Paris, Inc. Income Statement
Sales					$	3,880,000
Operating expenses						3,336,800
Net operating income						543,200
Interest and taxes:
Interest expense	$	125,000
Tax expense		190,000				315,000
Net income					$	228,200

The company paid dividends of $119,200 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