Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 129,000 Accounts receivable 331,000 Inventory 574,000 Plant and equipment, net 866,000 Investment in Buisson, S.A. 399,000 Land (undeveloped) 253,000 Total assets $ 2,552,000 Liabilities and stockholders' Equity Accounts payable $ 389,000 Long-term debt 1,037,000 Stockholders' equity 1,126,000 Total liabilities and stockholders' equity $ 2,552,000 $ 126,000 470,000 489,000 855,000 425,000 249,000 $ 2,614,000 $ 348,000 1,037,000 1,229,000 $ 2,614,000 Joel de Paris, Incorporated Income Statement Sales $ 5,376,000 Operating expenses 4,730, 880 Net operating income 645, 120 Interest and taxes: Interest expense $ 126,000 Tax expense 192,000 318,000 Net income $ 327, 120 The comnanu naid dividende of $221120 lact voar The "Invectment in Riccan A" on the ha Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 126,000 Tax expense 192,000 $ 5,376,000 4,730, 880 645, 120 318,000 $ 327,120 Net income The company paid dividends of $224,120 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