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	$ 135,000
Accounts receivable	343,000	483,000
Inventory	570,000	477,000
Plant and equipment, net	805,000	795,000
Investment in Buisson, S.A.	395,000	427,000
Land (undeveloped)	255,000	250,000
Total assets	$ 2,500,000	$ 2,567,000
Liabilities and Stockholders' Equity
Accounts payable	$ 372,000	$ 344,000
Long-term debt	978,000	978,000
Stockholders' equity	1,150,000	1,245,000
Total liabilities and stockholders' equity	$ 2,500,000	$ 2,567,000

Joel de Paris, Incorporated Income Statement
Sales		$ 5,236,000
Operating expenses		4,555,320
Net operating income		680,680
Interest and taxes:
Interest expense	$ 114,000
Tax expense	201,000	315,000
Net income		$ 365,680

The company paid dividends of $270,680 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 companys 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 companys residual income last year?