Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.26 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak $ View 345,000 $ 239,000 $ 215,000 Grand 301,000 105,000 194,000 40,000 1,210,000 39,000 970,000 32,000 1,145,000 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%.)) Return on Investment Peak View Grand % % % < Required 1 Required 2 > Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.26 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets $ Peak 345,000 $ View 239,000 $ Grand 301,000 215,000 105,000 194,000 40,000 1,210,000 39,000 970,000 32,000 1,145,000 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 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.) Residual Income (Loss) Peak View Grand < Required 1 Required 2 >