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Violet Company has sales of $467,000, net operating income of $240,000, average invested assets of $805,000, and a hurdle rate of 9.75 percent Calculate Violet's

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Violet Company has sales of $467,000, net operating income of $240,000, average invested assets of $805,000, and a hurdle rate of 9.75 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.) % Return on investment (ROI) Residual income (Loss)

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