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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	126,000		$	128,000
Accounts receivable		338,000			480,000
Inventory		561,000			485,000
Plant and equipment, net		845,000			817,000
Investment in Buisson, S.A.		392,000			434,000
Land (undeveloped)		255,000			252,000
Total assets	$	2,517,000		$	2,596,000
Liabilities and Stockholders' Equity
Accounts payable	$	382,000		$	344,000
Long-term debt		1,016,000			1,016,000
Stockholders' equity		1,119,000			1,236,000
Total liabilities and stockholders' equity	$	2,517,000		$	2,596,000

Joel de Paris, Inc. Income Statement
Sales					$	5,292,000
Operating expenses						4,498,200
Net operating income						793,800
Interest and taxes:
Interest expense	$	125,000
Tax expense		192,000				317,000
Net income					$	476,800

The company paid dividends of $359,800 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?

1.	Average operating assets
2.	Margin		%
	Turnover
	ROI		%
3.	Residual income