Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance shoot. Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Tatal assets Liabilities and Stockholders' Equity Accounta payable Long-term debt Stockholders' equity Total Habilities and stockholders' equity $ 134,000 346,000 577,000 833,000 401,000 247,000 52,538.000 3 135,000 471.000 486,000 838,000 428,000 253,000 52,611.000 386,000 $ 337,000 1,042,000 1,042,000 1.110,000 1,232,000 $2,530,000$ 2.611,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes Interest expense $ 113,000 Tax expense 193,000 Net Income $ 4,393,000 3,646,190 746,810 306,000 440,810 The company paid dividends of $318,810 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 company's margin. turnover, and return on investment (ROI) for last year (Do not found intermediate calculations and round your final answers to 2 decimal places 3. What was the company's residual income last year? The company paid dividends of $318,810 last year. The "Investment in Bulsson, S.A.P 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 company's margin, turnover, and return on investment (RO) for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year? 1. 2 % Average operating assets Margin Turnover ROI Residual income % 3