NEED ASAP WITH FORMULA! Violet Company has sales of $454,000, net operating income of...
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NEED ASAP WITH FORMULA!
Violet Company has sales of $454,000, net operating income of $241,000, average invested assets of $802,000, and a hurdle rate of 12.00 percent. Calculate Violet's return on investment and its residual income. (Enter your ROl 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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