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

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Violet Company has sales of $466,000, net operating income of $246,000, average invested assets of $793,000, 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.)
\table[[,,],[Return on Investment (ROI),,%
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