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Financial data for Joel de Paris, Incorporated, for last year follow:Joel de Paris, Incorporated Balance Sheet Beginning BalanceEnding BalanceAssets Cash$ 1 2 7 , 0

Financial data for Joel de Paris, Incorporated, for last year follow:Joel de Paris, Incorporated Balance Sheet Beginning BalanceEnding BalanceAssets Cash$ 127,000$ 133,000Accounts receivable340,000476,000Inventory579,000480,000Plant and equipment, net834,000831,000Investment in Buisson, S.A.400,000435,000Land (undeveloped)252,000253,000Total assets$ 2,532,000$ 2,608,000Liabilities and Stockholders' Equity Accounts payable$ 375,000$ 332,000Long-term debt1,023,0001,023,000Stockholders' equity1,134,0001,253,000Total liabilities and stockholders' equity$ 2,532,000$ 2,608,000Joel de Paris, IncorporatedIncome StatementSales $ 4,180,000Operating expenses 3,594,800Net operating income 585,200Interest and taxes: Interest expense$ 116,000 Tax expense208,000324,000Net income $ 261,200The company paid dividends of $142,200 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 15%.Required:Compute the company's average operating assets for last year.Compute the companys margin, turnover, and return on investment (ROI) for last year.Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places.What was the companys residual income last year?
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