undefined

Violet Company has sales of $466,000, net operating income of $253,000, average invested assets of $796,000, and a hurdle rate of 9.75 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)