Financial data for Joel de Paris Inc. for last year follow: JOEL DE PARIS INC. Balance Sheet Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Assets Ending Balance Beginning Balance 120,000 $ 140,000 530,000 380,000 620,000 280,000 170,000 $ 2,100,000 $ 310,000 $ 1,500,000 290,000 450,000 320,000 680,000 250,000 180,000 $ 2,020,000 360,000 1,500,000 160,000 $ 2,020,000 Accounts payable Long-term debt Shareholders' equity Liabilities and Shareholders' Equity Total liabilities and shareholders' equity $ 2,100,000 Sales JOEL DE PARIS INC. Income Statement Less: Operating expenses Net operating income Less: Interest and taxes: Interest expense Tax expense Net income $ 4,050,000 3,645,000 405,000 $ 150,000 110,000 $ 260,000 145,000 The company paid dividends of $15,000 last year. The "Investment in Buisson, S.A." on the balance sheet represents an investment in the shares of another company. Required: 1. Compute the company's margin, turnover, and ROI for last year. (Do not round intermediate calculations. Round "Turnover" answer to 1 decimal place.) Margin Turnover ROI % % 2. The board of directors of Joel de Paris Inc. has set a minimum required return of 15%. What was the company's residual Income last year? Residual income