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

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 132,000	$ 128,000
Accounts receivable	342,000	490,000
Inventory	577,000	480,000
Plant and equipment, net	859,000	852,000
Investment in Buisson, S.A.	398,000	431,000
Land (undeveloped)	251,000	249,000
Total assets	$ 2,559,000	$ 2,630,000
Liabilities and Stockholders' Equity
Accounts payable	$ 388,000	$ 341,000
Long-term debt	968,000	968,000
Stockholders' equity	1,203,000	1,321,000
Total liabilities and stockholders' equity	$ 2,559,000	$ 2,630,000

Joel de Paris, Incorporated Income Statement
Sales		$ 5,018,000
Operating expenses		4,365,660
Net operating income		652,340
Interest and taxes:
Interest expense	$ 122,000
Tax expense	206,000	328,000
Net income		$ 324,340

The company paid dividends of $206,340 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?

Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROl) for last year. Note: Round "Margin". "Turnover" and "ROI" to 2 decimal places. 3. What was the company's residual Income last year