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 Beginning Balance $ 126,000 344,000 566,000 854,000 398,000 254,000 $ 2,542,000 $ 372,000 966,000 1,204,000 $2,542,000 Ending Balance $ 139,000 484,000 476,000 831,000 433,000 250,000 $ 2,613,000 $334,000 966,000 1,313,000 $ 2,613,000 Sales Operating expenses $ 5,157,000 4,435,020 Net operating income 721,980 Interest and taxes: $118,000 193,000 311,000 $ 410,980 Interest expense Tax expense Net income The company paid dividends of $301,980 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 % %