Chapter 10 Exercises instructions I hel Question 4 (of 9) Save & Exit Submit 4. 11.11 points You did not receive full credit for this question in a previous atten Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.76 percent. Selected operating data for the three divisions follow: S S Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 333,000 212,000 42,000 1,220,000 View 232,000 $ 104,000 35,000 910,000 Grand 306,000 185,000 34,000 1,035,000 Required: 1. Compute the return on investment for each division. (Enter your ROI answers as a percentage rounded to two decimal places, (I.e., 0.1234 should be entered as 12.34%.)) Peak View Grand Retum on Investment 2. Compute the residual income for each division. (Loss amounts should be Indicated by a minus sign. Round your answers to nearest whole dollar.) Peak View Grand Rosloval Income (1 Peak View Grand Residual Income (Loss) Hints References eBook & Resources