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

Joel de Paris, Incorporated

Balance Sheet

Beginning Balance Ending Balance

Assets

Cash $ $134,000$ $ $131,000$

Accounts receivable $344,000475,000$

Inventory $561,000485,000$

Plant and equipment, net $881,000869,000$

Investment in Buisson, S$.$A$.404,000431,000$

Land $($undeveloped$)246,000252,000$

Total assets $ $2,570,000$ $ $2,643,000$

Liabilities and Stockholders' Equity

Accounts payable $ $374,000$ $ $331,000$

Long$-$term debt $1,014,0001,014,000$

Stockholders' equity $1,182,0001,298,000$

Total liabilities and stockholders' equity $ $2,570,000$ $ $2,643,000$

Joel de Paris, Incorporated

Income Statement

Sales $ $4,850,000$

Operating expenses $4,171,000$

Net operating income $679,000$

Interest and taxes:

Interest expense $ $130,000$

Tax expense $204,000334,000$

Net income $ $345,000$

The company paid dividends of $$229,000$ last year. The $$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?