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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	140,000	$	135,000
Accounts receivable		338,000		482,000
Inventory		573,000		471,000
Plant and equipment, net		849,000		852,000
Investment in Buisson, S.A.		402,000		431,000
Land (undeveloped)		246,000		251,000
Total assets	$	2,548,000	$	2,622,000
Liabilities and Stockholders' Equity
Accounts payable	$	383,000	$	337,000
Long-term debt		1,027,000		1,027,000
Stockholders' equity		1,138,000		1,258,000
Total liabilities and stockholders' equity	$	2,548,000	$	2,622,000

Joel de Paris, Inc. Income Statement
Sales		$	4,416,000
Operating expenses			3,841,920
Net operating income			574,080
Interest and taxes:
Interest expense	$ 126,000
Tax expense	198,000		324,000
Net income		$	250,080

The company paid dividends of $130,080 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?