Financial data for Joel de Paris, Incorporated, for last year follow:

Joel de Paris, Incorporated

Balance Sheet

Beginning Balance Ending Balance

Assets

Cash $ $131,000$ $ $131,000$

Accounts receivable $332,000473,000$

Inventory $580,000486,000$

Plant and equipment, net $817,000810,000$

Investment in Buisson, S$.$A$.395,000430,000$

Land $($undeveloped$)254,000253,000$

Total assets $ $2,509,000$ $ $2,583,000$

Liabilities and Stockholders' Equity

Accounts payable $ $386,000$ $ $330,000$

Long$-$term debt $1,028,0001,028,000$

Stockholders' equity $1,095,0001,225,000$

Total liabilities and stockholders' equity $ $2,509,000$ $ $2,583,000$

Joel de Paris, Incorporated

Income Statement

Sales $ $5,076,000$

Operating expenses $4,162,320$

Net operating income $913,680$

Interest and taxes:

Interest expense $ $127,000$

Tax expense $191,000318,000$

Net income $ $595,680$

The company paid dividends of $$465,680$ last year. The $$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. $($Round "Margin", "Turnover" and "ROI" to $2$ decimal places.$)$

$3.$ What was the company$$s residual income last year?