Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 132, 000 $ 126, 000 Accounts receivable 343, 006 477,000 Inventory 566,000 487 , 000 Plant and equipment, net 000'608 800, 000 Investment in Buisson, S. A. 397, 006 433, 000 Land (undeveloped) 250, 000 253 , 000 Total assets $ 2, 497 , 090 $ 2 , 576 , 000 Liabilities and Stockholders Equity Accounts payable $ 387,000 $ 340,000 Long-term debt 1, 016,000 000 '9TO'T Stockholders equity 1 , 094, 000 1, 220,000 Total liabilities and stockholders equity $ 2, 497, 000 $ 2, 576, 000 Joel de Paris, Incorporated Income Statement Sales $ 4, 862, 000 Operating expenses 4, 132, 700 Net operating income 729, 300 Interest and taxes : Interest expense $ 120,000 Tax expense 202 , 000 322, 000 Net income $ 407, 300 The company paid dividends of $281,300 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. ROI 1% 3. Residual income