Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Assets Cash Accounts receivable Balance Sheet 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 Joel de Paris, Incorporated Beginning Balance $ 134,000 338,000 Ending Balance $ 128,000 482,000 480,000 574,000 854,000 402,000 252,000 $ 2,554,000 850,000 426,000 248,000 $ 384,000 1,049,000 1,121,000 $ 2,614,000 $ 331,000 1,049,000 1,234,000 $ 2,554,000 $ 2,614,000 Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 121,000 203,000 $ 4,608,000 4,055,040 552,960 324,000 $ 228,960 The company paid dividends of $115,960 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 % %