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 $3,800,000 3,192,000 608,000 $124,000 192.000 316,000 $292.000 Beginning Balance Ending Balance $136,000 $128,000 342,000 488,000 572,000 471,000 830,000 833,000 396,000 426,000 254,000 254,000 $2,530,000 $2,600,000 $374,000 982,000 1,174,000 $2,530,000 $337,000 982,000 1.281,000 $2,600,000 The company paid dividends of $185,000 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 year. 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? 1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income %