Financial data for Joel de Paris, Inc., for last year follow:Joel de Paris, Inc. Balance Sheet Beginning Balance Ending BalanceAssets Cash $ 135,000 $ 128,000 Accounts receivable 342,000 479,000Inventory 574,000 474,000 Plant and equipment, net 779,000 789,000Investment in Buisson, S.A. 392,000 430,000 Land (undeveloped)248,000 249,000 Total assets $ 2,470,000 $ 2,549,000 Liabilitiesand Stockholders' Equity Accounts payable $ 376,000 $ 346,000Long-term debt 952,000 952,000 Stockholders' equity 1,142,0001,251,000 Total liabilities and stockholders' equity $ 2,470,000 $2,549,000 Joel de Paris, Inc. Income Statement Sales $ 4,995,000Operating expenses 4,295,700 Net operating income 699,300 Interestand taxes: Interest expense $ 129,000 Tax expense 198,000 327,000Net income $ 372,300 The company paid dividends of $263,300 lastyear. The “Investment in Buisson, S.A.,” on the balance sheetrepresents an investment in the stock of another company. Thecompany's minimum required rate of return of 15%. Required:

1. Compute the company's average operating assets for lastyear.

2. Compute the company’s margin, turnover, and return oninvestment (ROI) for last year. (Round "Margin", "Turnover" and"ROI" to 2 decimal places.) 3. What was the company’s residualincome last year?