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

Joel de Paris, Incorporated

Balance Sheet

Beginning Balance Ending Balance

Assets

Cash $ $125,000$ $ $128,000$

Accounts receivable $335,000479,000$

Inventory $578,000487,000$

Plant and equipment, net $872,000856,000$

Investment in Buisson, S$.$A$.403,000427,000$

Land $($undeveloped$)254,000249,000$

Total assets $ $2,567,000$ $ $2,626,000$

Liabilities and Stockholders' Equity

Accounts payable $ $385,000$ $ $349,000$

Long$-$term debt $972,000972,000$

Stockholders' equity $1,210,0001,305,000$

Total liabilities and stockholders' equity $ $2,567,000$ $ $2,626,000$

Joel de Paris, Incorporated

Income Statement

Sales $ $5,211,000$

Operating expenses $4,377,240$

Net operating income $833,760$

Interest and taxes:

Interest expense $ $121,000$

Tax expense $196,000317,000$

Net income $ $516,760$

The company paid dividends of $$421,760$ last year. The $$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?