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 136,200 332,600 575,000 817,600 390,eee 247,eee $ 2,497,000 $ 126, eee 487, eee 473, eee 814, eee 430,000 247.000 $ 2,577, eee $ 386,eee 1,033,89 1,078,eee $ 2,497,000 $ 340,000 1,033, eee 1,284, eee $2,577,280 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 119,000 Tax expense 204,690 Net income $ 4.512.000 3,744,96 767,040 323,00 444,040 $ The company paid dividends of $318,040 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% Help Save & Exit Submit $ 4,512.000 3,744,950 767,840 Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 119.000 Tax expense 204, cee Net income 323, eae 444,040 The company paid dividends of $318,040 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 company's margin, turnover, and return on investment (ROI) for last year (Round "Margin". "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. 2 Average operating assets Margin Turnover ROI Residual income 3