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Violet Company has sales of $520,000, net operating income of $310,000, average invested assets of $940,000, and a hurdle rate of 10 percent. Calculate Violet?s

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Violet Company has sales of $520,000, net operating income of $310,000, average invested assets of $940,000, and a hurdle rate of 10 percent. Calculate Violet?s return on investment and its residual income. (Do not round your intermediate calculations. Round ROl answer to 2 decimal places.) Return on Investment (ROI) Residual Income

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