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Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 1

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 $ 140,000
Accounts receivable 341,000471,000
Inventory 565,000480,000
Plant and equipment, net 849,000839,000
Investment in Buisson, S.A.404,000429,000
Land (undeveloped)254,000254,000
Total assets $ 2,548,000 $ 2,613,000
Liabilities and Stockholders' Equity
Accounts payable $ 385,000 $ 331,000
Long-term debt 1,035,0001,035,000
Stockholders' equity 1,128,0001,247,000
Total liabilities and stockholders' equity $ 2,548,000 $ 2,613,000
Joel de Paris, Incorporated
Income Statement
Sales $ 4,775,000
Operating expenses 3,963,250
Net operating income 811,750
Interest and taxes:
Interest expense $ 128,000
Tax expense 201,000329,000
Net income $ 482,750
The company paid dividends of $363,750 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:
Compute the company's average operating assets for last year.
Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2
decimal places.)
What was the company's residual income last year?
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