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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	132,000		$	126,000
Accounts receivable		350,000			489,000
Inventory		568,000			480,000
Plant and equipment, net		800,000			795,000
Investment in Buisson, S.A.		392,000			428,000
Land (undeveloped)		254,000			254,000
Total assets	$	2,496,000		$	2,572,000
Liabilities and Stockholders' Equity
Accounts payable	$	389,000		$	345,000
Long-term debt		1,015,000			1,015,000
Stockholders' equity		1,092,000			1,212,000
Total liabilities and stockholders' equity	$	2,496,000		$	2,572,000

Joel de Paris, Inc. Income Statement
Sales					$	4,301,000
Operating expenses						3,784,880
Net operating income						516,120
Interest and taxes:
Interest expense	$	123,000
Tax expense		199,000				322,000
Net income					$	194,120

The company paid dividends of $74,120 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?