Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 138,000 $ 139,000 Accounts receivable 334,000 487,000 Inventory 567,000 487,000 Plant and equipment, net 881,000 847,000 Investment in Buisson, S.A. 390,000 427,000 Land (undeveloped) 246,000 249,000 Total assets $ 2,556,000 $ 2,636,000 Liabilities and Stockholders' Equity Accounts payable $ 374,000 $ 333,000 Long-term debt 956,000 956,000 Stockholders' equity 1,226,000 1,347,000 Total liabilities and stockholders' equity $ 2,556,000 $ 2,636,000 Joel de Paris, Incorporated Income Statement Sales $ 4,074,000 Operating expenses 3,422,160 Net operating income 651,840 Interest and taxes: Interest expense $ 122,000 Tax expense 197,000 319,000 Net income $ 332,840 The company paid dividends of $211,840 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?

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 %