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Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for the three divisions

Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for the three divisions follow:

Peak View Grand
Sales revenue $ 338,000 $ 236,000 $ 309,000
Cost of goods sold 211,000 116,000 191,000
Miscellaneous operating expenses 41,000 38,000 38,000
Average invested assets 1,260,000 880,000 1,165,000

1. Compute the return on investment for each division. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) (Find peak%,view% and grand % for ROI

2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign. Round your answers to nearest whole dollar.) (Find peak,view and grand.)

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