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Luke Company has three divisions: Peak View, and Grand. The company has a hurdle rate of 6.26 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 6.26 percent. Selected operating data for the three divisions follow $ $ $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 333,000 211,000 44,000 1,230,000 View 229,000 109,00e 37,000 960,000 Grand 308,000 1 87,000 37,000 1,195,000 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, (l.e., 0.1234 should be entered as 12.34%.)) Peak View Grand Return on Investment Required 2 > Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.26 percent. Selected operating dat for the three divisions follow: $ $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 333,000 $ 211,000 44,000 1,230,000 View 229, 109,000 37,000 960,000 Grand 300,000 187,000 37,600 1,195,000 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.) Peak View Grand Residual income (Loss)

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