Financial data for Joel de Paris, Incorporated, for last year follow:

Joel de Paris, Incorporated

Balance Sheet

Beginning Balance Ending Balance

Assets

Cash $ $135,000$ $ $138,000$

Accounts receivable $349,000483,000$

Inventory $561,000472,000$

Plant and equipment, net $805,000797,000$

Investment in Buisson, S$.$A$.398,000429,000$

Land $($undeveloped$)247,000254,000$

Total assets $ $2,495,000$ $ $2,573,000$

Liabilities and Stockholders' Equity

Accounts payable $ $378,000$ $ $332,000$

Long$-$term debt $1,011,0001,011,000$

Stockholders' equity $1,106,0001,230,000$

Total liabilities and stockholders' equity $ $2,495,000$ $ $2,573,000$

Joel de Paris, Incorporated

Income Statement

Sales $ $5,049,000$

Operating expenses $4,291,650$

Net operating income $757,350$

Interest and taxes:

Interest expense $ $118,000$

Tax expense $209,000327,000$

Net income $ $430,350$

The company paid dividends of $$306,350$ last year. The $$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 company$$s margin, turnover, and return on investment $($ROI$)$ for last year.

Note: Round "Margin", "Turnover" and "ROI" to $2$ decimal places.

What was the company$$s residual income last year?Financial data for Joel de Paris, Incorporated, for last year follow:

The company paid dividends of $$306\mathrm{.}350$ 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 $15\%.$

Requlred:

Compute the company's average operating assets for last year.

Compute the company's margin, turnover, and return on investment $($ROI$)$ for last year.

Note: Round "Margln", "Turnover" and "ROI" to $2$ declmal places.

What was the company's residual income last year?