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Violet Company has sales of $465,000, net operating income of $245,000, average invested assets of $797,000, and a hurdle rate of 9.50 percent. Calculate Violet's

image text in transcribed Violet Company has sales of $465,000, net operating income of $245,000, average invested assets of $797,000, and a hurdle rate of 9.50 percent. Calculate Violet's 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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