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Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 140,000

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

Joel de Paris, Inc. Balance Sheet
Beginning Balance Ending Balance
Assets
Cash $ 140,000 $ 136,000
Accounts receivable 343,000 473,000
Inventory 571,000 489,000
Plant and equipment, net 816,000 812,000
Investment in Buisson, S.A. 393,000 427,000
Land (undeveloped) 252,000 246,000
Total assets $ 2,515,000 $ 2,583,000
Liabilities and Stockholders' Equity
Accounts payable $ 372,000 $ 341,000
Long-term debt 1,008,000 1,008,000
Stockholders' equity 1,135,000 1,234,000
Total liabilities and stockholders' equity $ 2,515,000 $ 2,583,000

Joel de Paris, Inc. Income Statement
Sales $ 4,347,000
Operating expenses 3,781,890
Net operating income 565,110
Interest and taxes:
Interest expense $ 113,000
Tax expense 197,000 310,000
Net income $ 255,110

The company paid dividends of $156,110 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?

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