finacial data for joel de paris

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash 128,900 131, 000 Accounts receivable 346,000 472,000 Inventory 573,000 472,000 Plant and equipment, net 833, 000 845, 000 Investment in Buisson, 5.A. 100, 060 130,000 Land (undeveloped) 252,000 245,000 Total assets $ 2,532,000 $ 2,595,000 Liabilities and Stockholders' Equity Accounts payable $ 372,000 $ 349,000 Long-term debt 1, 027,600 1, 027,600 Stockholders' equity 1, 133,000 1, 219,000 Total liabilities and stockholders' equity $ 2,532,000 $ 2,595,000 Joel de Paris, Inc. Income Statement Sales 5,320,000 Operating expenses 4, 362, 400 Net operating income 957 , 600 Interest and taxes: Interest expense $ 121,900 Tax expense 205, 900 326,000 Net income $ 631, 600 The company paid dividends of $545,600 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 company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin % Turnover ROI % 3. Residual income