M10-7 (Algo) Calculating Return on Investment, Residual Income (LO 10-4, 10-5) Violet Company has sales of $451,000, net operating income of $241,000, average invested assets of $809,000, and a hurdle rate of 9.00 percent Calculate Violet's return on investment and its residual income (Enter your ROI answer as a percentage rounded to two decimal places. (.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar.) Return on Investment (RON) Residual income (Loss)