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Evaluating Managerial Performance Using Return on Investment, Residual Income Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of

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Evaluating Managerial Performance Using Return on Investment, Residual Income Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6 percent. Selected operating data for the three divisions follow: Compute the return on investment for each division. Compute the residual income for each division

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