Selected financial information for Magnetic Imaging Corporation is shown below.

Lost Peak ski resort located in Montana caters to day skiers from nearby towns. Last year the company had net operating income of $410,000 on sales of $1,300,000. Lost Peaks average operating assets for the year were $1,500,000 and its minimum required rate of return was 16%. Required: Compute the companys residual income for the year.

Required:

1. Compute the margin for Magnetic Imaging Corporation. (Round your answer to 2 decimal places.)

2. Compute the turnover for Magnetic Imaging Corporation. (Round your answer to 2 decimal places.)

3. Compute the return on investment (ROI) for Magnetic Imaging Corporation. (Round your intermediate calculations and final answer to 2 decimal places.)