Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	134,000		$	137,000
Accounts receivable		334,000			481,000
Inventory		563,000			474,000
Plant and equipment, net		829,000			808,000
Investment in Buisson, S.A.		407,000			432,000
Land (undeveloped)		248,000			251,000
Total assets	$	2,515,000		$	2,583,000
Liabilities and Stockholders' Equity
Accounts payable	$	385,000		$	339,000
Long-term debt		1,025,000			1,025,000
Stockholders' equity		1,105,000			1,219,000
Total liabilities and stockholders' equity	$	2,515,000		$	2,583,000

Joel de Paris, Inc. Income Statement
Sales					$	5,076,000
Operating expenses						4,314,600
Net operating income						761,400
Interest and taxes:
Interest expense	$	117,000
Tax expense		204,000				321,000
Net income					$	440,400

The company paid dividends of $326,400 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

3. What was the companys residual income last year?