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

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 133,000	$ 128,000
Accounts receivable	341,000	471,000
Inventory	561,000	486,000
Plant and equipment, net	795,000	785,000
Investment in Buisson, S.A.	396,000	431,000
Land (undeveloped)	250,000	247,000
Total assets	$ 2,476,000	$ 2,548,000
Liabilities and Stockholders' Equity
Accounts payable	$ 386,000	$ 337,000
Long-term debt	951,000	951,000
Stockholders' equity	1,139,000	1,260,000
Total liabilities and stockholders' equity	$ 2,476,000	$ 2,548,000

Joel de Paris, Incorporated Income Statement
Sales		$ 3,885,000
Operating expenses		3,418,800
Net operating income		466,200
Interest and taxes:
Interest expense	$ 113,000
Tax expense	206,000	319,000
Net income		$ 147,200

The company paid dividends of $26,200 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 companys margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

3. What was the companys residual income last year?

1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income % %