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

The company paid dividends of $299,000 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?

1.	Average Operating assets	?
2.	Margin	?	%
	Turnover	?
	ROI	?	%
3.	Residual income	?

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 $ 125,000 334,000 564,000 857,000 393,000 248,000 $ 2,521,000 $ 139,000 477,000 487,000 817,000 433,000 245,000 $ 2,598,000 $ 387,000 992,000 1,142,000 $ 2,521,000 $ 343,000 992,000 1,263,000 $ 2,598,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest xpense $ 118,000 Tax expense 203,000 Net income $ 4,940,000 4,199,000 741,000 321,000 420,000 $