Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning 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 $ 129,000 347,000 560,000 844,000 407,000 250,000 $ 2,537,000 $ 381,000 959,000 1,197,000 $ 2,537,000 Ending Balance $ 127,000 475,000 484,000 834,000 429,000 246,000 $ 2,595,000 $ 339,000 959,000 1,297,000 $ 2,595,000 Sales Operating expenses Net operating income Joel de Paris, Incorporated Income Statement $ 5,320,000 4,522,000 798,000 Interest and taxes: Interest expense Tax expense Net income $ 118,000 192,000 310,000 $ 488,000 The company paid dividends of $388,000 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 % %