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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	134,000		$	139,000
Accounts receivable		340,000			484,000
Inventory		560,000			481,000
Plant and equipment, net		876,000			846,000
Investment in Buisson, S.A.		404,000			434,000
Land (undeveloped)		245,000			252,000
Total assets	$	2,559,000		$	2,636,000
Liabilities and Stockholders' Equity
Accounts payable	$	384,000		$	332,000
Long-term debt		1,038,000			1,038,000
Stockholders' equity		1,137,000			1,266,000
Total liabilities and stockholders' equity	$	2,559,000		$	2,636,000

Joel de Paris, Inc. Income Statement
Sales					$	5,404,000
Operating expenses						4,647,440
Net operating income						756,560
Interest and taxes:
Interest expense	$	116,000
Tax expense		192,000				308,000
Net income					$	448,560

The company paid dividends of $319,560 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?