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Violet Company has sales of $466,000, net operating income of $248,000, average invested assets of $795,000, and a hurdle rate of 8.50 percent. Calculate Violet's

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Violet Company has sales of $466,000, net operating income of $248,000, average invested assets of $795,000, and a hurdle rate of 8.50 percent. Calculate Violet's return on investment and its residual income. (Enter your ROI answer as a percentage rounded to two decimal places, (ie, 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)

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