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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	135,000		$	132,000
Accounts receivable		349,000			487,000
Inventory		563,000			488,000
Plant and equipment, net		833,000			813,000
Investment in Buisson, S.A.		406,000			425,000
Land (undeveloped)		255,000			252,000
Total assets	$	2,541,000		$	2,597,000
Liabilities and Stockholders' Equity
Accounts payable	$	382,000		$	332,000
Long-term debt		1,015,000			1,015,000
Stockholders' equity		1,144,000			1,250,000
Total liabilities and stockholders' equity	$	2,541,000		$	2,597,000

Joel de Paris, Inc. Income Statement
Sales					$	4,750,000
Operating expenses						4,085,000
Net operating income						665,000
Interest and taxes:
Interest expense	$	111,000
Tax expense		195,000				306,000
Net income					$	359,000

The company paid dividends of $253,000 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?

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