Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 130,000 335,000 570,000 865,000 409, eee 245,80 $ 2,554,000 $ 135,000 489, eee 477,000 839,000 431, eee 252, eee $ 2,623, e89 5 372,000 1,829,00 1. 153,000 $ 2,554,000 $ 335, eee 1,029,000 1,259, eee $ 2,623,000 Doel de Paris. Inc. Income Statement Operating penses operating incoe $ 4,224.000 3,590, 400 633, 600 $ 129,90 319,900 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 129,000 Tax expense 190,000 Net income $ 4,224,000 3,590,400 633, 600 319,000 314,600 The company paid dividends of $208,600 last year. The "Investment in Buisson, S.A.," on the balance shee 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 company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin". decimal places.) 3. What was the company's residual income last year? 2 % Average operating assets Margin Turnover ROI Residual income % 3