Financial data for Joel de Paris, Inc., for last year follow 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 $ 138,000 334, eee 570,000 788, eee 390,000 252, eee $ 2,472,000 $ 126, eee 498,eee 475, eee 779, eee 433,eee 247,000 $ 2,550,000 11 $ 377, eee 1,038,000 1,057, eee $ 2,472,000 s 333, eee 1,038,eee 1,179, eee $ 2,55e,eee Joel de Paris, Inc. Income Statement Sales Operating expenses Niet operating income Interest and taxes: Interest expense $ 111, BD Tae expense 194,000 Net Income $ 4,440,000 3,640,800 799,200 305, eee 496,200 The company paid dividends of $372.200 last year. The investment in Buisson SA. 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 "Rorto 2 decimal places.) 3. What was the company's residual income last year? Required: 1. Compute the company's average operating assets for last year. 2 Compute the company's margin, turnover and return on investment (Ron for last year (Round "Margin", "Turnover" and "Rorto 2 decimal places.) 3. What was the company's residual income last year? 1 2 Average operating assets Margin Turnover ROI Residual income % 3