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M10-7 (Algo) Calculating Return on Investment, Residual Income [LO 10-4, 10-5) Violet Company has sales of $464,000, net operating income of $241,000, average invested assets of $807,000, and a hurdle rate of 8.75 percent Calculate Violet's return on investment and its residual income. (Enter your ROI answer as a percentage rounded to two decimal places, (le, 0.1234 should be entered as 12.34%). Round your Reuldual Income (Less) answer to the nearest whole dollar) Return on investment (RON) Residual income (LOS