Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.01 percent Selected operating data for the three divisions follow Sales revenue Cost of goods sold Miscellaneous operating expenses Average Invested assets Peak View Grand $ 334,000 $ 234,000 $ 313,000 205,080 107,000 184,000 36,000 38,000 35,000 1,320,000 910,000 1,125, eee 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, Le 0.1234 should be entered as 12.34%) Peak Grand Return on investment View 957 7.84% Required 2 > Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.01 percent. Selected operating data for the three divisions follow Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand $ 334,000 $ 234,000 S 313,000 205,000 107,000 184,000 36,000 38,000 35,000 1,320,000 910,000 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. ces 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) Grand Residual Income (LO) Peak View $ 32,2605 40,556