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mework Saved Her Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.01 percent. Selected operating data
mework Saved Her 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: Peak View Grand Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets $ 330,000 $ 223,000 $ 299,000 199,000 41,000. 1,210,000 121,000 36,000 960,000 186,000 35,000 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, (i.e., 0.1234 should be entered as 12.34%.)) Return on investment Peak 7.43 % View Grand 6.87 % 6.52% Required Required 2 > 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: Peak View Grand Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets $ 330,000 $ 223,000 $ 299,000 199,000 121,000 41,000 1,210,000 36,000 960,000 186,000 35,000 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 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.) Residual Income (Loss) Peak View Grand
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