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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	129,000		$	131,000
Accounts receivable		345,000			470,000
Inventory		572,000			474,000
Plant and equipment, net		814,000			825,000
Investment in Buisson, S.A.		406,000			432,000
Land (undeveloped)		251,000			248,000
Total assets	$	2,517,000		$	2,580,000
Liabilities and Stockholders' Equity
Accounts payable	$	376,000		$	337,000
Long-term debt		1,019,000			1,019,000
Stockholders' equity		1,122,000			1,224,000
Total liabilities and stockholders' equity	$	2,517,000		$	2,580,000

Joel de Paris, Inc. Income Statement
Sales					$	5,264,000
Operating expenses						4,474,400
Net operating income						789,600
Interest and taxes:
Interest expense	$	122,000
Tax expense		208,000				330,000
Net income					$	459,600

The company paid dividends of $357,600 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?