Business
Business, 24.04.2020 15:46, chyyy3

Violet Company has sales of $460,000, net operating income of $247,000, average invested assets of $810,000, and a hurdle rate of 11.50 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.)

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