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Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.76 percent. Selected operating data for the three divisions

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Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.76 percent. Selected operating data for the three divisions follow $ $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 341.000 209,000 36,000 1,280,000 View 230.000 $ 121,000 37,000 900,000 Grand 298.000 196,000 32,000 1,085,000 DI UJUELL Selected operating data for $ $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets 341,800 299,000 36,000 1,280,00 230,000 121,000 37,000 980,000 Grand 298,009 196.000 32,eee 1,885,000 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 Required 1 Required 2 Compute the return on investment for each divis (i.e., 0.1234 should be entered as 12.34%.)) . (Enter your ROI answers as a percentage rounded to two decimal places, Peak View Grand Return on Investment Required 2 Ulially has three divisions: Peak, View, and Grand. The company has a hurdle rate of 576 percent. Selected operating dan the three divisions follow. Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets 5 341,eeg 299,00 36,000 1,280, eee 230,eee $ 121,eee 37,000 900,eee Grand 298,000 196,000 32,000 1,885,000 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.) View Grand Residual Income (Loss)

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