Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 127,000 $ 139,000 Accounts receivable 338,000 478,000 Inventory 579,000 477,000 Plant and equipment, net 826,000 816,000 Investment in Buisson, S.A. 408,000 431,000 Land (undeveloped) 248,000 252,000 Total assets $ 2,526,000 $ 2,593,000 Liabilities and Stockholders' Equity Accounts payable $ 390,000 $ 333,000 Long-term debt 1,010,000 1,0

Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $304,990 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? Financial data for Joel de Paris, Incorporated, for last year follow: The company paid dividends of $304,990 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