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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	133,000	$	136,000
Accounts receivable		347,000		480,000
Inventory		562,000		471,000
Plant and equipment, net		848,000		843,000
Investment in Buisson, S.A.		404,000		427,000
Land (undeveloped)		249,000		248,000
Total assets	$	2,543,000	$	2,605,000
Liabilities and Stockholders' Equity
Accounts payable	$	381,000	$	342,000
Long-term debt		1,025,000		1,025,000
Stockholders' equity		1,137,000		1,238,000
Total liabilities and stockholders' equity	$	2,543,000	$	2,605,000

Joel de Paris, Inc. Income Statement
Sales		$	4,011,000
Operating expenses			3,409,350
Net operating income			601,650
Interest and taxes:
Interest expense	$ 113,000
Tax expense	207,000		320,000
Net income		$	281,650

The company paid dividends of $180,650 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 17%. What was the companys residual income last year?