PLEASE COMPLETE REQUIRED 1, 2, AND 3.

Chapter 11 Homework 2 Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet 8.33 points Beginning Balance Ending Balance eBook 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 $ 130,000 336,000 573,000 831,000 397,000 249,000 $ 2,516,000 $ 138,000 483,000 471,000 818,000 430,000 250,000 $ 2,590,000 Print References $ 387,000 958,000 1,171,000 $ 2,516,000 $ 345,000 958,000 1,287,000 $ 2,590,000 Joel de Paris, Ine. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 129,000 Tax expense 195,000 Net income $ 4,347,000 3,608,010 738,990 324,000 414,990 The company paid dividends of $298,990 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 Turnover % ROI % 3. Residual income