Financial data for Joel de Paris, Inc., for last year follow: 1 Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance 10 points Skipped 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 $ 139,000 347,000 577,000 797,000 410,000 246,000 $ 2,516,000 $ 127,000 474,000 471,000 828,000 435,000 249,000 $ 2,584,000 Print $ 386,000 1,004,000 1,126,000 $ 2,516,000 $ 337,000 1,004,000 1,243,000 $ 2,584,000 Joel de Paris, Inc. Income Statement Sales $ 5,076,000 4,466,880 609,120 Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 128,000 204,000 332,000 277, 120 $ The company paid dividends of $160,120 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 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. % Average operating assets Margin Turnover ROI Residual income % 3