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Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.76 percent. Selected operating data for the three divisions

Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.76 percent. Selected operating data for the three divisions follow:

Peak View Grand
Sales revenue $ 339,000 $ 236,000 $ 299,000
Cost of goods sold 210,000 120,000 193,000
Miscellaneous operating expenses 42,000 39,000 33,000
Average invested assets 1,320,000 930,000 1,025,000

Required: 1. 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%.)) 2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign. Round your answers to nearest whole dollar.)

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