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Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable

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Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated 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 $ 131,00 347,880 567,880 815,80 394,000 250,880 $ 2,504,000 $ 133, eee 483,eee 473, eee 811, eee 434, eee 251,eee $ 2,585, eee $ 372,880 1,819,000 1,113,000 $ 2,564,80 $ 345,000 1, 219,00 1,221, eee $ 2,585, eee Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 116,eee Tax expense 193,eee Net income $ 3,948,888 3,316,320 631,680 309,000 $ 322,689 The company paid dividends of $214.680 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, tumover, 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? 1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income

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