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	$	134,000
Accounts receivable		349,000		485,000
Inventory		575,000		474,000
Plant and equipment, net		818,000		817,000
Investment in Buisson, S.A.		400,000		432,000
Land (undeveloped)		254,000		253,000
Total assets	$	2,524,000	$	2,595,000
Liabilities and Stockholders' Equity
Accounts payable	$	375,000	$	336,000
Long-term debt		994,000		994,000
Stockholders' equity		1,155,000		1,265,000
Total liabilities and stockholders' equity	$	2,524,000	$	2,595,000

Joel de Paris, Inc. Income Statement
Sales		$	4,725,000
Operating expenses			3,969,000
Net operating income			756,000
Interest and taxes:
Interest expense	$ 116,000
Tax expense	193,000		309,000
Net income		$	447,000

The company paid dividends of $337,000 last year. The Investment in Buisson, S.A., on the balance sheet represents an investment in the stock of another company.

Required:
1.	Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your answers to 2 decimal places.)

2.	The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 17%. What was the companys residual income last year?