Luke Company has three divisi the three divisions follow: View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for 5 $ Sales revenue Cost of goods sold Miscellaneous operating Average invested assets Peak 345,800 198,000 43.00 1,400,eee View 235,000 $ 109,eee 40.00 920,eee Grand 312,000 189,000 38,000 1,095,000 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 Required 2 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 Required 1 Required 2 > Luke Company has three divisions: Peak View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating a the three divisions follow: $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 345,200 $ 198,000 43,eee 1,400,000 View 235,800 $ 109,090 40,000 920,800 Grand 312,000 189,000 38,000 1,695,089 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 Required 2 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 whole dollar) Peak View Grand Residual Income (Loss) Required 1