Financial data for Joel de Paris, Incorporated, for last year follow. Joel de Paris, Incorporated Assets Cash Accounts receivable Inventory Plant and equipment, net Balance Sheet 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 Beginning Balance Ending Balance $132,000 $131,000 343,000 486,000 573,000 490,000 842,000 823,000 408,000 427,000 246,000 249,000 5 2,544,000 $382,000 $ 2,606,000 ,000 955,000 1,207,000 000 1,311,000 $ 2,544,000 $ 2,606,000 Sales Joel de Paris, Incorporated Operating expenses Income Statement Net operating income Interest and taxes: Interest expense Tax expense Net income $ 129,000 202,000 $ 4,202,000 3,571,700 630, 300 331,0 5 299,300 The company paid dividends of $195,300 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. (Round "Margin". "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1 Average operating assets 2. Margin 2. Turnover 2. RO 3. Residual income %6 %