Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Book Print rences 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-tere debt Stockholders' equity Total liabilities and stockholders' equity Joel de Paris, Incorporated Income Statement Beginning Balance $128,000 337,000 Ending Balance $ 137,000 576,000 869,000 401,000 254,000 $ 2,565,000 $375,000 960,000 1,230,000 $2,565,000 486,000 488,000 839,000 426,000 252,000 $ 2,628,000 $ 344,000 960,000 1,324,000 $2,628,000 Sales Operating expenses Net operating income Interest and taxes Interest expense 5115,000 Tax expense 199,000 $ 4,246,000 3,651,560 594,440 314,000 Net Incone $ 200,440 The company paid dividends of $186,440 last year. The "Investment in Buisson, S.A." on the balance sheet represents an investment Help Save & Exit Submit Check my work 6 8.35 points ellook Print References Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net incone $ 4,246,000 3,651,560 594,440 $115,000 199,000 314,000 $ 280,440 The company paid dividends of $186,440 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? 1. Average operating assets 2. Margin 2. Turnover 2. RO 3. Residual income % % Che