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	$	139,000
Accounts receivable		340,000		479,000
Inventory		560,000		473,000
Plant and equipment, net		813,000		799,000
Investment in Buisson, S.A.		400,000		429,000
Land (undeveloped)		248,000		248,000
Total assets	$	2,498,000	$	2,567,000
Liabilities and Stockholders' Equity
Accounts payable	$	382,000	$	346,000
Long-term debt		1,040,000		1,040,000
Stockholders' equity		1,076,000		1,181,000
Total liabilities and stockholders' equity	$	2,498,000	$	2,567,000

Joel de Paris, Inc. Income Statement
Sales		$	4,114,000
Operating expenses			3,579,180
Net operating income			534,820
Interest and taxes:
Interest expense	$ 127,000
Tax expense	193,000		320,000
Net income		$	214,820

The company paid dividends of $109,820 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 18%. What was the companys residual income last year?