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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	135,000	$	127,000
Accounts receivable		347,000		478,000
Inventory		564,000		485,000
Plant and equipment, net		874,000		870,000
Investment in Buisson, S.A.		400,000		434,000
Land (undeveloped)		249,000		246,000
Total assets	$	2,569,000	$	2,640,000
Liabilities and Stockholders' Equity
Accounts payable	$	390,000	$	338,000
Long-term debt		1,040,000		1,040,000
Stockholders' equity		1,139,000		1,262,000
Total liabilities and stockholders' equity	$	2,569,000	$	2,640,000

Joel de Paris, Inc. Income Statement
Sales		$	4,656,000
Operating expenses			3,957,600
Net operating income			698,400
Interest and taxes:
Interest expense	$ 120,000
Tax expense	196,000		316,000
Net income		$	382,400

The company paid dividends of $259,400 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 19%. What was the companys residual income last year?