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Violet Company has sales of $466,000, net operating income of $245,000, average invested assets of $807,000, and a hurdle rate of 10.25 percent. Calculate Violets
Violet Company has sales of $466,000, net operating income of $245,000, average invested assets of $807,000, and a hurdle rate of 10.25 percent. Calculate Violets 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.)
Return on Investment (ROI) | % | |
Residual Income (LOSS) |
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