Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 134,000 Accounts receivable 341,000 Inventory 564,000 Plant and equipment, net 851,000 Investment in Buisson, S.A. 409,000 Land (undeveloped) 249,000 Total assets $ 2,548,000 Liabilities and Stockholders' Equity Accounts payable $ 377,000 Long-term debt 1,038,000 Stockholders' equity 1,133,000 Total liabilities and stockholders' equity $ 2,548,000 $ 131,000 477,000 481,000 841,000 432,000 251,000 $ 2,613,000 $ 346,000 1,038,000 1,229,000 $ 2,613,000 Joel de Paris, Incorporated Income Statement Sales $ 4,775,000 Operating expenses 4,106,500 Net operating income 668,500 Interest and taxes: Interest expense $ 123,000 Tax expense 207,000 330,000 Net income $ 338,500 The company paid dividends of $242,500 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? % 1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income %