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10 Check my work 10 DO Luke Company has three divisions Peak View, and Grand. The company has a hurdle rate of 6.01 percent Selected

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10 Check my work 10 DO Luke Company has three divisions Peak View, and Grand. The company has a hurdle rate of 6.01 percent Selected operating data for the three divisions follow Peak View Sales revenue Grand $ 143,000 $ 223,000 316,000 Cost of goods sold 199.000 110,100 192, Miscellaneous operating expenses 37.000 36.000 40.000 Average invested assets 1,210.000 890,000 1,055,000 Required: 1. Compute the return on investment for each division 2. Compute the residual income for each division Complete this question by entering your answers in the tabs below. Breda Compute the return on investment for each division (Enter your lower as a percentage rounded to two decimal places (14, 0.1234 should be entered as 12.34%) Peak View Grand Reumoniment Required>

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