Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet 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-term debt Stockholders' equity Total liabilities and stockholders' equity $ 377,000 1,028,000 1,116,000 $ 2,521,000 253,000 $ 2,521,000 $ 2,596,000 $ 339,000 1,028,000 1,229,000 Beginning Balance $ 134,000 Ending Balance $136,000 348,000 476,000 561,000 476,000 827,000 822,000 398,000 433,000 253,000 $ 2,596,000 Sales Joel de Paris, Incorporated Operating expenses Income Statement Net operating income Interest and taxes: Interest expense Tax expense Net income $ 125,000 201,000 $ 4,725,000 4,063,500 661,500 326,000 $ 335,500 The company paid dividends of $222,500 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?