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 Beginning Balance $ 139,000 348,000 Ending Balance $ 137,000 481,000 566,000 478,000 787,000 784,000 404,000 432,000 250,000 251,000 $ 2,494,000 $ 2,563,000 $ 372,000 976,000 1,146,000 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 $ 2,494,000 Joel de Paris, Incorporated Income Statement $ 348,000 976,000 1,239,000 $ 2,563,000 Sales Operating expenses Interest and taxes: Tax expense Net operating income Interest expense Net income $ 4,836,000 4,255,680 580,320 $ 115,000 199,000 314,000 $ 266,320 The company paid dividends of $173,320 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 % %