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

Joel de Paris, Incorporated

Balance Sheet

Beginning Balance Ending Balance

Assets

Cash $ $136,000$ $ $133,000$

Accounts receivable $341,000482,000$

Inventory $577,000482,000$

Plant and equipment, net $786,000783,000$

Investment in Buisson, S$.$A$.396,000432,000$

Land $($undeveloped$)251,000246,000$

Total assets $ $2,487,000$ $ $2,558,000$

Liabilities and Stockholders' Equity

Accounts payable $ $375,000$ $ $348,000$

Long$-$term debt $1,048,0001,048,000$

Stockholders' equity $1,064,0001,162,000$

Total liabilities and stockholders' equity $ $2,487,000$ $ $2,558,000$

Joel de Paris, Incorporated

Income Statement

Sales $ $4,278,000$

Operating expenses $3,679,080$

Net operating income $598,920$

Interest and taxes:

Interest expense $ $114,000$

Tax expense $208,000322,000$

Net income $ $276,920$

The company paid dividends of $$178,920$ last year. The $$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?