4. Violet Company has sales of $461,000, net operating income of $249,000, average invested assets of $806,000, and a hurdle rate of 11.00 percent.

Calculate Violets return on investment and its residual income.

Note: Enter your ROI answer as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar.

\begin{tabular}{|l|l|l|} \hline Return on Investment (ROI) & & % \\ \hline Residual Income (Loss) & & \\ \hline \end{tabular}