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 $ 136,000 Accounts receivable 344,000 476,000 Inventory 562,000 472,000 Plant and equipment, net 899,000 886,000 Investment in Buisson, S.A. 391,000 431,000 Land (undeveloped) 252,000 253,000 Total assets $ 2,573,000 $ 2,654,000 Liabilities and Stockholders' Equity Accounts payable $ 382,000 $ 333,000 Long-term debt 978,000 978,000

Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $165,250 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 companv's marain, turnover, and return on investment (ROl) for last year. (Round "Marain". "Turnover" and "ROI" to 2 The company paid dividends of $165,250 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