Saved Financial data for Joel de Paris, Inc., for last year follow 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 stockholdersequity $ 139,000 342,000 572.690 827.000 410,000 246,000 $ 2,336,000 133,000 476,000 473,090 838.000 428,000 254,900 $ 2,692,000 $ 379.000 1,011, 900 1, 146,000 $ 2,536,000 $ 342,000 1,011,800 1,249,00 $ 2,602,600 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 127,000 Tax expense 284.000 Net income $ 5,320,000 4.522,000 79B, 800 $ 331,000 467,808 The company paid dividends of $364.000 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, turnover, and return on investment (Ron for last year. (Round "Margin". "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating Income Interest and taxes: Interest expense $ 127,000 Tax expense 284,000 Net income $ 5,320,000 4,522,000 798,000 331,990 467,699 $ The company pald dividends of $364.000 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 "ROT" to 2 decimal places.) 3. What was the company's residual Income last year? Average operating assets Margin 2. % Turnover ROI % 3 Residual income