Financial data for Joel de Paris, Inc., for last year follow: Assets Cash Accounts receivable Joel de Paris, Inc. Balance Sheet Beginning Balance Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Joel de Paris, Inc. Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 4,675,000 4,020,500 654,500 $ 111,000 196,000 307,000 $ 347,500 Ending Balance $ 130,000 $ 128,000 332,000 489,000 574,000 477,000 814,000 796,000 406,000 434,000 247,000 253,000 $ 2,503,000 $ 2,577,000 $ 388,000 $ 340,000 1,036,000 1,036,000 1,079,000 1,201,000 $ 2,503,000 $ 2,577,000 The company paid dividends of $225,500 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 (ROI) 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. 3. Margin Turnover ROI Residual income % %