Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 139,000 Accounts receivable 346,000 Inventory 564,000 Plant and equipment, net 781,000 Investment in Buisson, S.A. 402,000 Land (undeveloped) 248,000 Total assets $ 2,480,000 Liabilities and Stockholders' Equity Accounts payable $ 377,000 Long-term debt 1,007,000 Stockholders' equity 1,096,000 Total liabilities and stockholders' equity $ 2,480,000 $ 133,000 479,000 477,000 781,000 432,000 250,000 $ 2,552,000 $ 336,000 1,007,000 1,209,000 $ 2,552,000 Joel de Paris, Incorporated Income Statement Sales $ 3,885,000 Operating expenses 3,302, 250 Net operating income 582,750 Interest and taxes: Interest expense $ 124,000 Tax expense 191,000 315,000 Net income $ 267, 750 The company paid dividends of $154,750 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? 1. Average operating assets 2. Margin 2. Turnover % 2. ROI % 3. Residual income