ROI and Residual Income for each :)

Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 7.01 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 $ 230,000 $313,000 203,000 107,000 195,000 37,000 31,000 39,000 1,270,000 920,000 1,165,000 Required: 1. Compute the return on investment for each division. 2. Compute the residual income for each division