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Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment,

Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet 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 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 123,000 209,000 $ 4,650,000 3,999,000 651,000 332,000 $ 319,000 Beginning Balance $ 134,000 336,000 578,000 792,000 407,000 254,000 $ 2,501,000 $ 384,000 1,006,000 1,111,000 $ 2,501,000 Ending Balance $ 135,000 473,000 484,000 788,000 427,000 251,000 $ 2,558,000 $ 342,000 1,006,000 1,210,000 $ 2,558,000 The company paid dividends of $220,000 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:
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Financial data for Joel de Paris, Incorporated, for last year follow. The company paid dividends of $220,000 last yeat. 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: The company paid dividends of $220,000 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 yeat. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year

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