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 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 116,000 197,000 $ 135,000 348,000 562,000 785,000 404,000 252,000 $ 2,486,000 $ 389,000 1,038,000 1,059,000 $ 139,000 475,000 483,000 773,000 430,000 250,000 $ 2,550,000 $ 345,000 1,038,000 1,167,000 $ 2,486,000 $ 2,550,000 $ 3,885,000 3,263,400 621,600 313,000 $ 308,600 The company paid dividends of $200,600 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 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. Note: Round "Margin", "Turnover" and "ROI" 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 % %