accounting

Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.51 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand $ 328,000 $ 223,000 S313,000 200.000 106,000 185,000 38,000 37,000 39,000 1,310,000 900,000 1,065,000 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. Required 1 Required 2 Compute the return on investment for each division (Enter your Rot answers as a percentage rounded to two decimal places, (0.1234 should be entered as 12.34% >> Peak View Grand Rotum on investment % a roulad Required 2 > %