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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	137,000		$	138,000
Accounts receivable		345,000			474,000
Inventory		572,000			483,000
Plant and equipment, net		816,000			815,000
Investment in Buisson, S.A.		401,000			433,000
Land (undeveloped)		253,000			254,000
Total assets	$	2,524,000		$	2,597,000
Liabilities and Stockholders' Equity
Accounts payable	$	388,000		$	332,000
Long-term debt		984,000			984,000
Stockholders' equity		1,152,000			1,281,000
Total liabilities and stockholders' equity	$	2,524,000		$	2,597,000

Joel de Paris, Inc. Income Statement
Sales					$	5,103,000
Operating expenses						4,337,550
Net operating income						765,450
Interest and taxes:
Interest expense	$	111,000
Tax expense		198,000				309,000
Net income					$	456,450

The company paid dividends of $327,450 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?