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		$	133,000
Accounts receivable		343,000			482,000
Inventory		574,000			471,000
Plant and equipment, net		865,000			864,000
Investment in Buisson, S.A.		405,000			432,000
Land (undeveloped)		245,000			249,000
Total assets	$	2,560,000		$	2,631,000
Liabilities and Stockholders' Equity
Accounts payable	$	373,000		$	349,000
Long-term debt		992,000			992,000
Stockholders' equity		1,195,000			1,290,000
Total liabilities and stockholders' equity	$	2,560,000		$	2,631,000

Joel de Paris, Inc. Income Statement
Sales					$	5,018,000
Operating expenses						4,365,660
Net operating income						652,340
Interest and taxes:
Interest expense	$	114,000
Tax expense		197,000				311,000
Net income					$	341,340

The company paid dividends of $246,340 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?