Financial data for Joel de Paris Inc. for last year follow: JOEL DE PARIS INC. Balance Sheet Ending Balance Beginning Balance Assets Cash $ 100,000 $ 150,000 Accounts receivable 300,000 350,000 Inventory 200,000 200,000 Plant and equipment, net 400,000 300,000 Investment in Buisson, S.A. 349,000 316,000 Land (undeveloped) 212,000 228,000 Total assets $ 1,561,000 $ 1,544,000 Liabilities and Shareholders Equity Accounts payable $ 270,800 $ 284,400 Long-term debt 1,083,200 1,137,600 Shareholders equity 207,000 122,000 Total liabilities and shareholders equity $ 1,561,000 $ 1,544,000 JOEL DE PARIS INC. Income Statement Sales $ 5,700,000 Less: Operating expenses 5,415,000 Net operating income 285,000 Less: Interest and taxes: Interest expense $ 105,000 Tax expense 77,000 182,000 Net income $ 103,000 The company paid dividends of $18,000 last year. The Investment in Buisson, S.A. on the balance sheet represents an investment in the shares of another company. Required: 1. Compute the companys margin, turnover, and ROI for last year. (Do not round intermediate calculations. Round your answers to 2 decimal place.) 2. The board of directors of Joel de Paris Inc. has set a minimum required return of 23%. What was the companys residual income last year