Check Luke Company has three divisions: Peak View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for the three divisions follow. Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand 5. 341,800 $ 235,000 5 316,000 214, eee 117,000 185,000 39,000 37,000 36,000 1,240,000 910,000 1,135,000 OOK Hint Print Required: 1. Compute the return on investment for each division 2. Compute the residual income for each division frences 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, (1.0, 0.1234 should be entered as 12.34%.)) Peak View Grand Return on investment % % Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand 5 341,000 $235,000 5 316,000 214,000 117,000 185,000 39,000 37,eee 36,000 1,240,000 910,000 1,135,00 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 Requirdd 2 Compute the residual income for each division. (Loss amounts should be indicated by intermediate calculations. Round your answers to nearest whole dollar) minus sign. Do not cound Peak View Grand Residual income (Loss)