Financial data for Joel de Paris, Inc., for last year follow: Assets Cash Accounts receivable Inventory Plant and equipment, net Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance $ 135,000 $ 130,000 336,000 473,000 564,000 484,000 795,000 783,000 408,000 428,000 251,000 248,000 $ 2,489,000 $ 2,546,000 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 374,000 $ 332,000 958,000 1,157,000 958,000 1,256,000 2,489,000 $ 2,546,000 Sales Joel de Paris, Inc. Income Statement Operating expenses Net operating income Interest and taxes:" Interest expense Tax expense Net income $ 116,000 $ 4,255,000 3,616,750 638,250 201,000 317,000 S 321,250 The company paid dividends of $222,250 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 Margin Turnover ROI 33 Residual income % %