Financial data for Joel de Paris, Incorporated, for last year follow:

Joel de Paris, Incorporated Balance Sheet Beginning BalanceEnding BalanceAssets Cash$ 130,000$ 132,000Accounts receivable342,000473,000Inventory569,000488,000Plant and equipment, net809,000797,000Investment in Buisson, S.A.399,000429,000Land (undeveloped)249,000252,000Total assets$ 2,498,000$ 2,571,000Liabilities and Stockholders' Equity Accounts payable$ 375,000$ 333,000Long-term debt1,004,0001,004,000Stockholders' equity1,119,0001,234,000Total liabilities and stockholders' equity$ 2,498,000$ 2,571,000

Joel de Paris, Incorporated Income StatementSales $ 4,301,000Operating expenses 3,655,850Net operating income 645,150Interest and taxes: Interest expense$ 121,000 Tax expense207,000328,000Net income $ 317,150

The company paid dividends of $202,150 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?

average operating assests margin %turnover ROI %Residual income