Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt stockholders' equity Total liabilities and stockholders' equity 130,000 341,000 566,000 873,000 402,000 251,000 $ 2,563,000 139,000 478,000 472,000 861,000 250,000 $ 2,635,000 $ 390,000 955,000 1,218,000 $ 2,563,000 $ 336,000 955,000 1,344,000 $2,635,000 $ 4,246,000 3,566, 640 679,360 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 112,000 Tex expense 210,000 Net income 322,000 357, 360 $ Inniddin didende of $221 260 last vear The "Investment in Buisson, S.A.," on the balance sheet represents an investment The company paid dividends of $231,360 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin Turnover EROI 3. Residual income search