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Help 10 Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.51 percent. Selected operating data for the

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10 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: Peak View Grand 10 $ 342, 000 $ 235, 000 $ 304, 000 points Sales revenue Cost of goods sold 209, 000 109, 000 189, 000 34, 000 38, 000 Skipped Miscellaneous operating expenses 40, 000 Average invested assets 1, 380, 000 950, 000 1, 035, 000 Required: eBook 1. Compute the return on investment for each division. 2. Compute the residual income for each division. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Compute the return on investment for each division. Note: Enter your ROI answers as a percentage rounded to two decimal places, (1.e., 0.1234 should be entered as 12.34%.) Peak View Grand Return on Investment % % % Ruquired Required 2 >

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