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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	128,000		$	134,000
Accounts receivable		343,000			477,000
Inventory		577,000			485,000
Plant and equipment, net		792,000			784,000
Investment in Buisson, S.A.		410,000			432,000
Land (undeveloped)		249,000			255,000
Total assets	$	2,499,000		$	2,567,000
Liabilities and Stockholders' Equity
Accounts payable	$	376,000		$	338,000
Long-term debt		999,000			999,000
Stockholders' equity		1,124,000			1,230,000
Total liabilities and stockholders' equity	$	2,499,000		$	2,567,000

Joel de Paris, Inc. Income Statement
Sales					$	5,022,000
Operating expenses						4,318,920
Net operating income						703,080
Interest and taxes:
Interest expense	$	111,000
Tax expense		194,000				305,000
Net income					$	398,080

The company paid dividends of $292,080 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?