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Layout References Mailings Review View A A Aa AOE E E211 AA EE av Aalboeddle Aa Bbccddee AaBbCcDc Aabbccdet AaBb( Normal No Spacing Heading 1

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Layout References Mailings Review View A A Aa AOE E E211 AA EE av Aalboeddle Aa Bbccddee AaBbCcDc Aabbccdet AaBb( Normal No Spacing Heading 1 Heading 2 Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.01 percent. Selected operating data for the three divisions follow Peak View Grand Sales revenue $ 328,000 $231,000 $ 300,000 Cost of goods sold 209.000 109,000 186,000 Miscellaneous operating expenses 38,000 39,000 38,000 Average invested assets 1.330,000 920,000 1,085,000 Required: 1. Compute the return on investment for each division 2. Compute the residual income for each division 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 Return on Investment % % % Compute the residual income for each division. (Loss amounts should be indicated by a minus sign. Do not round Intermediate calculations. Round your answers to nearest Peak View Grand Residual Income (Loss) lish (United States) Focus E

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