Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, L011-2] Financial data for Joel de Paris, Inc., for last year follow Joel de ParisInc. Balance Sheet Assets Cash Accounts receivable 134.000 128.000 475.000 89.000 Plant and equipment, net Investment in Buisson, SA Land (undeveloped) Total assets 65 000 06000 250.000 2.576.000 30 000 248.000 2.638 000 Accounts payable Long-term debt 387 000$338,000 030,000 Total liabilities and stockholders equity 2.576.000 2.638 000 Joel de Paris, Inc. Income Statement Sales Operating expenses Interest and taxes Interest expense Tax expense 127000 323 000 Net income The company paid dividends of $124,720 last year. The "Investment in Buisson, S.A., o the balance sheet represents an investment in the stock of another company. company's minimum required rate of return of 15%. The 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 las year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 2 Margi Residual income