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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 $ 1

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 132,000 $ 131,000 Accounts receivable 334,000477,000 Inventory 575,000474,000 Plant and equipment, net 859,000858,000 Investment in Buisson, S.A.393,000430,000 Land (undeveloped)248,000246,000 Total assets $ 2,541,000 $ 2,616,000 Liabilities and Stockholders' Equity Accounts payable $ 374,000 $ 345,000The company paid dividends of $232,600 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 15%.
Required:
Compute the company's average operating assets for last year.
Compute the company's margin, turnover, and return on investment (ROI) for last year.
Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places.
What was the company's residual income last year?
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