Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 126,888 335, eee 571, eee 868,000 483,000 248,eee $ 2,551,00 $ 135,888 484, eee 471,000 850,000 434, eee 251, cee $ 2,625,eee $ 388,eee 965,000 1,198, eee $ 2,551,eee $ 338, eee 965,cee 1,330, eee $ 2,625, eee Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 125, eee Tax expense 288,eee Net income $ 5,376, een 4,569,600 886,480 325, eee 481, 480 $ The company paid dividends of $349.400 last year. The "Investment in Bulsson, 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, tumover, 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. 2. % Average operating assets Margin Turnover ROI % 3. Residual income