Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 138,000 $ 134,000 Accounts receivable 341,000 485,000 Inventory 564,000 479,000 Plant and equipment, net 877,000 862,000 Investment in Buisson, S.A. 394,000 432,000 Land (undeveloped) 247,000 252,000 Total assets $ 2,561,000 $ 2,644,000 Liabilities and Stockholders' Equity Accounts payable $ 390,000 $ 349,000 Long-term debt 958,000 958,000 Stockholders' equity 1,213,000 1,337,000 Total liabilities and stockholders' equity $ 2,561,000 $ 2,644,000

3 Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc Balance Sheet Beginning Balance Ending Balance 25 points AssetS Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) Total assets $138,000 134,000 485,000 479,000 862,000 432,000 252,000 2,561,000 2,644,000 341,000 564,000 877,000 394,000 247,000 eBook Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders equity Total liabilities and stockholders' equity Print $ 390,000 349,000 958,000 1,213,000 1,337,000 $2,561,000 2,644,000 958,000 References Joel de Paris, Inc Income Statement Sales Operating expenses Net operating income Interest and taxes: 4,656,000 3,864,480 791,520 Interest expense Tax expense 116,000 204,000320000 Net income $471,520 The company paid dividends of $347,520 last year. The Investment in Buisson, SA.," 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 (ROl) for last year. (Round "Margin", "Turnover" and "ROi" to 2 decimal places.) 3. What was the company's residual income last year