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		339,000		475,000
Inventory		578,000		482,000
Plant and equipment, net		861,000		862,000
Investment in Buisson, S.A.		398,000		427,000
Land (undeveloped)		248,000		252,000
Total assets	$	2,556,000	$	2,629,000
Liabilities and Stockholders' Equity
Accounts payable	$	386,000	$	334,000
Long-term debt		999,000		999,000
Stockholders' equity		1,171,000		1,296,000
Total liabilities and stockholders' equity	$	2,556,000	$	2,629,000

Joel de Paris, Inc. Income Statement
Sales		$	4,053,000
Operating expenses			3,526,110
Net operating income			526,890
Interest and taxes:
Interest expense	$ 125,000
Tax expense	198,000		323,000
Net income		$	203,890

The company paid dividends of $78,890 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?