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

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 133,000	$ 137,000
Accounts receivable	347,000	477,000
Inventory	577,000	478,000
Plant and equipment, net	833,000	838,000
Investment in Buisson, S.A.	403,000	427,000
Land (undeveloped)	252,000	252,000
Total assets	$ 2,545,000	$ 2,609,000
Liabilities and Stockholders' Equity
Accounts payable	$ 386,000	$ 347,000
Long-term debt	974,000	974,000
Stockholders' equity	1,185,000	1,288,000
Total liabilities and stockholders' equity	$ 2,545,000	$ 2,609,000

Joel de Paris, Incorporated Income Statement
Sales		$ 4,011,000
Operating expenses		3,529,680
Net operating income		481,320
Interest and taxes:
Interest expense	$ 125,000
Tax expense	208,000	333,000
Net income		$ 148,320

The company paid dividends of $45,320 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 companys margin, turnover, and return on investment (ROI) for last year.

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

What was the companys residual income last year?

1. Average operating assets

2. Margin%

2. Turnover

2. ROI%

3. Residual income