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Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.01 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 6.01 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand $ 339.000 $ 240,000 $ 318.000 196.000 113.000 185,000 36.000 35.000 34.000 1. 290.000 920,000 1. 125,000 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 roun (i.e., 0.1234 should be entered as 12.34%.)) Peak View Grand Return on Investment % % % Required 1 Required 2 th Compute the residual income for each division. (Loss amounts should be indicated by a minu calculations. Round your answers to nearest whole dollar.) Peak View Grand Residual Income (Loss)

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