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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	128,000		$	127,000
Accounts receivable		333,000			476,000
Inventory		563,000			479,000
Plant and equipment, net		816,000			798,000
Investment in Buisson, S.A.		395,000			429,000
Land (undeveloped)		252,000			245,000
Total assets	$	2,487,000		$	2,554,000
Liabilities and Stockholders' Equity
Accounts payable	$	373,000		$	339,000
Long-term debt		1,016,000			1,016,000
Stockholders' equity		1,098,000			1,199,000
Total liabilities and stockholders' equity	$	2,487,000		$	2,554,000

Joel de Paris, Inc. Income Statement
Sales					$	4,650,000
Operating expenses						3,859,500
Net operating income						790,500
Interest and taxes:
Interest expense	$	125,000
Tax expense		193,000				318,000
Net income					$	472,500

The company paid dividends of $371,500 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 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?