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Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.26 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 5.26 percent. Selected operating data for the three divisions follow S 340,000 $ 223,000 307,000 Sales revenue Cost of goods sold 105,000 31,000 ,310,000 950.000 1,185,000 215,000 41,000 199,000 37,000 Average invested assets Required: 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% Return on Investment 2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign. Round your answers to nearest whole dollar.) Residual Income (Loss)

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