Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.01 percent. Selected operating data for the three divisions follow: Peak View Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets $ 339,000 199,000 39,000 1,380,000 $ 224,000 121,000 30,000 900,000 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. Grandi $ 302,000 195,000 35,000 1,035,000 Required 1 Required 2 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 Required 2 > Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.01 percent. Selected the three divisions follow: Sales revenue Cost of goods sold Peak $ 339,000 199,000 View $ 224,000 121,000 Grand $ 302,000 195,000 39,000 30,000 1,380,000 900,000 35,000 1,035,000 Miscellaneous operating expenses Average invested assets Required: 1. Compute the return on investment for each division. 2. Compute the residual income for each division. Complete this question by entering your answers in the tabs below. 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) < Required 1 Required 2 >