Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable 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 $ 125, eee 332,000 575,000 878,000 392,000 252,000 $ 2,554, eee $ 132,000 476, eee 471, 800 871,000 434,000 245,000 $ 2,629,000 $ 376, eee 994, eee 1,184,000 $ 2,554, eee $ 337,000 994, eee 1,298,eee $ 2,629,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income $ 4,246, eee 3,524, 180 721,820 Interest expense Tax expense Net income $ 118,eee 203, eee 321, eee 409,820 $ The company paid dividends of $286,820 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 2 % Average operating assets Margin Turnover ROI Residual income % 3