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Violet Company has sales of $ 4 6 4 , 0 0 0 , net operating income of $ 2 5 4 , 0 0

Violet Company has sales of $464,000, net operating income of $254,000, average invested assets of $793,000, and a hurdle rate of 9.50 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.

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