Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet 1.42 points Beginning Balance Ending Balance (3 00:38:25 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 140,000 450,000 320,000 680,000 250,000 180,000 $2,020,000 $ 120,000 530,000 380,000 620,000 280,000 170,000 $2,100,000 eBook Print $ 360,000 1,500,000 160,000 $2,020,000 $ 310,000 1,500,000 290,000 $2,100,000 References Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 150,000 Tax expense 110,000 Net income $ 4,050,000 3, 645,000 405,000 260,000 145,000 $ The company paid dividends of $15,000 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 "Turnover" to 1 decimal place.) 3. What was the company's residual income last year? ne operating assets for beste vestiment (Ron for last 1. Average operating assets Margin Turnover ROI Residual income