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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

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 Peak $338,000 View $225,000 Grand $298,000 204,000 118,000 195,000 40,000 1,250,000 39,000 32,000 890,000 1,195,000 Miscellaneous operating expenses Average invested assets Required: 1. Compute the return on investment for each division. 2. Compute the residual income for each division. Required 1 Required Compute the return on Investment for each division. Note: 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 t Required 2 > Required 1 Required 2 Compute the residual income for each division. Note: 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)

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