The company paid dividends of $210,400 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company. Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round your answers to 2 decimal places.) % Margin Turnover ROI % 2. The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 21%. What was the company's residual income last year? Net operating income Minimum required return Residual income 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) 126,000 $ 139,000 336,000 470,000 565,000 470,000 853,000 841,000 396,000 435,000 252,000 248,000 Total assets $2,528,000 $2,603,000 Liabilities and Stockholders' Equity Accounts payable $ 381,000 $ 343,000 Long-term debt 1,005,000 1,005,000 Stockholders' equity 1,142,000 1,255,000 Total liabilities and stockholders' equity $2,528,000 $2,603,000 Joel de Paris, Inc. Income Statement Sales Operating expenses $ 3,990,000 3,351,600 638,400 Net operating income Interest and taxes: Interest expense Tax expense $ 113,000 202,000 315,000 Net income $ 323,400 The company paid dividends of $210,400 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company