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 $ 132,000 344,000 571, e8e 843,000 488,888 251,080 $ 2,549, ege $ 140, eee 477,600 478,000 835, eee 425,000 249, eee $ 2,604,00 $ 380,000 979,690 1, 199,000 $ 2,549,690 $ 337,800 978, ene 1,297, eee $ 2,684,800 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 124, eee Tax expense 197, mee Net income $ 4,775,800 4,058,750 716,250 321,eee 395,250 $ The company paid dividends of $297.250 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. 2. %6 Average operating assets Margin Turnover ROI %6 3. Residual income