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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	139,000	$	126,000
Accounts receivable		334,000		486,000
Inventory		573,000		480,000
Plant and equipment, net		784,000		778,000
Investment in Buisson, S.A.		406,000		427,000
Land (undeveloped)		245,000		254,000
Total assets	$	2,481,000	$	2,551,000
Liabilities and Stockholders' Equity
Accounts payable	$	373,000	$	337,000
Long-term debt		1,045,000		1,045,000
Stockholders' equity		1,063,000		1,169,000
Total liabilities and stockholders' equity	$	2,481,000	$	2,551,000
Joel de Paris, Inc. Income Statement Sales $ 3,885,000 Operating expenses 3,379,950 Net operating income 505,050 Interest and taxes: Interest expense $ 128,000 Tax expense 191,000 319,000 Net income $ 186,050 The company paid dividends of $80,050 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 companys 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 18%. What was the companys residual income last year? Net operating income Minimum required return Residual income