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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	131,000	$	126,000
Accounts receivable		336,000		479,000
Inventory		563,000		471,000
Plant and equipment, net		820,000		814,000
Investment in Buisson, S.A.		396,000		425,000
Land (undeveloped)		253,000		253,000
Total assets	$	2,499,000	$	2,568,000
Liabilities and Stockholders' Equity
Accounts payable	$	387,000	$	335,000
Long-term debt		1,018,000		1,018,000
Stockholders' equity		1,094,000		1,215,000
Total liabilities and stockholders' equity	$	2,499,000	$	2,568,000

Joel de Paris, Inc. Income Statement
Sales		$	5,049,000
Operating expenses			4,241,160
Net operating income			807,840
Interest and taxes:
Interest expense	$ 128,000
Tax expense	204,000		332,000
Net income		$	475,840

The company paid dividends of $354,840 last year. The Investment in Buisson, S.A., on the balance sheet represents an investment in the stock of another company.

Required:
1.	Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your answers to 2 decimal places.)

2.	The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 21%. What was the companys residual income last year?