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Violet Company has sales of $457,000, net operating income of $255,000, average invested assets of $798,000, and a hurdle rate of 8.75 percent. Calculate Violet's

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Violet Company has sales of $457,000, net operating income of $255,000, average invested assets of $798,000, and a hurdle rate of 8.75 percent. Calculate Violet's return on investment and its residual income. Enter your ROl answer as a percentage rounded to two decimal places. Return on Investment (ROI) Residual Income (Loss)

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