Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable. Plant and equipment, net Inventory 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 Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $113,000 205,000 $ 4,750,000 3,990,000 760,000 318,000 $ 442,000 Beginning Balance $ 134,000 339,000 577,000 830,000 404,000 248,000 $ 2,532,000 $377,000 967,000 1,188,000 Ending Balance $ 133,000 484,000 475,000 828,000 430,000 247,000 $ 2,597,000 $ 338,000 967,000 1,292,000 $ 2,532,000 $ 2,597,000 The company paid dividends of $338,000 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%. + Ces Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating incone Interest and taxes: Interest expense Tax expense Net income $ 4,750,000 3,990,000 760,000 $113,000 205,000 318,000 $ 442,000 The company paid dividends of $338,000 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. Tumover 2. ROI 3. Residual income i