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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	139,000		$	133,000
Accounts receivable		333,000			473,000
Inventory		568,000			480,000
Plant and equipment, net		820,000			814,000
Investment in Buisson, S.A.		398,000			430,000
Land (undeveloped)		246,000			252,000
Total assets	$	2,504,000		$	2,582,000
Liabilities and Stockholders' Equity
Accounts payable	$	388,000		$	343,000
Long-term debt		1,045,000			1,045,000
Stockholders' equity		1,071,000			1,194,000
Total liabilities and stockholders' equity	$	2,504,000		$	2,582,000

Joel de Paris, Inc. Income Statement
Sales					$	4,324,000
Operating expenses						3,718,640
Net operating income						605,360
Interest and taxes:
Interest expense	$	114,000
Tax expense		197,000				311,000
Net income					$	294,360

The company paid dividends of $171,360 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?