Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash Accounts receivable $ 129,000 344,000 Ending Balance $ 131,000 482,000 486,000 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 570,000 817,000 390,000 252,000 $ 2,502,000 $ 375,000 995,000 1,132,000 $ 2,502,000 801,000 428,000 247,000 $ 2,575,000 $ 347,000 995,000 1,233,000 $ 2,575,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 124,000 191,000 $ 4,324,000 3,675,400 648,600 Tax expense Net income 315,000 $ 333,600 The company paid dividends of $232,600 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 % %