M10-7 (Algo) Calculating Return on Investment, Residual Income (LO 10-4, 10-5] Violet Company has sales of $465,000, net operating income of $244,000, average invested assets of $802,000, and a hurdle rate of 11.00 percent. Calculate Violet's return on investment and its residual income. (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.) % Return on Investment (ROI) Residual Income (Loss)