Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 129,000	$ 136,000
Accounts receivable	337,000	485,000
Inventory	570,000	480,000
Plant and equipment, net	874,000	849,000
Investment in Buisson, S.A.	406,000	432,000
Land (undeveloped)	251,000	247,000
Total assets	$ 2,567,000	$ 2,629,000
Liabilities and Stockholders' Equity
Accounts payable	$ 386,000	$ 349,000
Long-term debt	983,000	983,000
Stockholders' equity	1,198,000	1,297,000
Total liabilities and stockholders' equity	$ 2,567,000	$ 2,629,000

Joel de Paris, Incorporated Income Statement
Sales		$ 4,632,000
Operating expenses		3,983,520
Net operating income		648,480
Interest and taxes:
Interest expense	$ 123,000
Tax expense	197,000	320,000
Net income		$ 328,480

The company paid dividends of $229,480 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 15%.

Required:

Compute the company's average operating assets for last year.

Compute the companys margin, turnover, and return on investment (ROI) for last year.

Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places.

What was the companys residual income last year?

1.average operating assets-

2.margin

3.turnover

4.ROI

5.residual income