Will give thumbs up if answered correctly:

Financial data for Joel de Paris, Incorporated, for last year follow:

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 128,000	$ 127,000
Accounts receivable	336,000	490,000
Inventory	565,000	470,000
Plant and equipment, net	871,000	853,000
Investment in Buisson, S.A.	403,000	433,000
Land (undeveloped)	253,000	247,000
Total assets	$ 2,556,000	$ 2,620,000
Liabilities and Stockholders' Equity
Accounts payable	$ 382,000	$ 335,000
Long-term debt	967,000	967,000
Stockholders' equity	1,207,000	1,318,000
Total liabilities and stockholders' equity	$ 2,556,000	$ 2,620,000

Joel de Paris, Incorporated Income Statement
Sales		$ 4,800,000
Operating expenses		3,984,000
Net operating income		816,000
Interest and taxes:
Interest expense	$ 110,000
Tax expense	210,000	320,000
Net income		$ 496,000

The company paid dividends of $385,000 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 companys margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

3. What was the companys residual income last year?