Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.51 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Peak $ 344,000 205,000 39,000 1,330,000 View $ 222,000 109,000 30,000 Grand $ 302,000 198,000 920,000 31,000 1,175,000 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 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 1 Required 2 > Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.51 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Peak $ 344,000 205,000 39,000 1,330,000 View $ 222,000 109,000 30,000 Grand $ 302,000 198,000 920,000 31,000 1,175,000 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 >