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 $ 131,000 $ 127,000 332,000 487,000 578,000 486,000 839,000 820,000 399,000 248,000 430,000 249,000 $ 2,527,000 $ 380,000 1,039,000 1,108,000 $ 2,527,000 $ 2,599,000 $ 345,000 1,039,000 1,215,000 $ 2,599,000 Sales Operating expenses $ 3,800,000 3,116,000 Net operating income Interest and taxes: $ 124,000 204,000 684,000 328,000 $ 356,000 Interest expense Tax expense Net income The company paid dividends of $249,000 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 i 2. Margin 2. Tumover 2. ROI 3. Residual income % %