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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 $ 128,000

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 $ 127,000
Accounts receivable 348,000 472,000
Inventory 569,000 484,000
Plant and equipment, net 835,000 837,000
Investment in Buisson, S.A. 408,000 429,000
Land (undeveloped) 254,000 246,000
Total assets $ 2,542,000 $ 2,595,000
Liabilities and Stockholders' Equity
Accounts payable $ 389,000 $ 347,000
Long-term debt 963,000 963,000
Stockholders' equity 1,190,000 1,285,000
Total liabilities and stockholders' equity $ 2,542,000 $ 2,595,000

Joel de Paris, Inc. Income Statement
Sales $ 4,750,000
Operating expenses 3,990,000
Net operating income 760,000
Interest and taxes:
Interest expense $ 124,000
Tax expense 193,000 317,000
Net income $ 443,000

The company paid dividends of $348,000 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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