Financial data for Joel de Paris, Inc., for last year follow:

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	132,000		$	133,000
Accounts receivable		338,000			481,000
Inventory		564,000			480,000
Plant and equipment, net		806,000			786,000
Investment in Buisson, S.A.		397,000			431,000
Land (undeveloped)		246,000			254,000
Total assets	$	2,483,000		$	2,565,000
Liabilities and Stockholders' Equity
Accounts payable	$	374,000		$	347,000
Long-term debt		1,011,000			1,011,000
Stockholders' equity		1,098,000			1,207,000
Total liabilities and stockholders' equity	$	2,483,000		$	2,565,000

Joel de Paris, Inc. Income Statement
Sales					$	4,650,000
Operating expenses						3,952,500
Net operating income						697,500
Interest and taxes:
Interest expense	$	125,000
Tax expense		192,000				317,000
Net income					$	380,500

The company paid dividends of $271,500 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?