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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	131,000		$	134,000
Accounts receivable		345,000			483,000
Inventory		574,000			485,000
Plant and equipment, net		860,000			848,000
Investment in Buisson, S.A.		395,000			430,000
Land (undeveloped)		248,000			246,000
Total assets	$	2,553,000		$	2,626,000
Liabilities and Stockholders' Equity
Accounts payable	$	378,000		$	348,000
Long-term debt		982,000			982,000
Stockholders' equity		1,193,000			1,296,000
Total liabilities and stockholders' equity	$	2,553,000		$	2,626,000

Joel de Paris, Inc. Income Statement
Sales					$	5,211,000
Operating expenses						4,273,020
Net operating income						937,980
Interest and taxes:
Interest expense	$	118,000
Tax expense		203,000				321,000
Net income					$	616,980

The company paid dividends of $513,980 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?