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

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 140,000	$ 120,000
Accounts receivable	450,000	530,000
Inventory	320,000	380,000
Plant and equipment, net	680,000	620,000
Investment in Buisson, S.A.	250,000	280,000
Land (undeveloped)	180,000	170,000
Total assets	$ 2,020,000	$ 2,100,000
Liabilities and Stockholders' Equity
Accounts payable	$ 360,000	$ 310,000
Long-term debt	1,500,000	1,500,000
Stockholders' equity	160,000	290,000
Total liabilities and stockholders' equity	$ 2,020,000	$ 2,100,000

Joel de Paris, Incorporated Income Statement
Sales		$ 4,050,000
Operating expenses		3,645,000
Net operating income		405,000
Interest and taxes:
Interest expense	$ 150,000
Tax expense	110,000	260,000
Net income		$ 145,000

The company paid dividends of $15,000 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 companys margin, turnover, and return on investment (ROI) for last year. (Round "Turnover" to 1 decimal place.)

3. What was the companys residual income last year?