Chapter 10 Assignment 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: $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 1111 View Grand 340,000 $ 220,000 $ 301.000 199,000 111.000 189,000 44,000 35,000 34,000 1.280.000 890.000 1.065.000 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%.)) Peak View Grand Return on Investment % % Required 2 > Chapter 10 Assignment 10 Luke Company has three division the three divisions follow View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for Babos ne has for Sales revenue Cost of goods sold Miscellaneous operat Average invested asset Peak View 360,000 $ 220,000 3 199.000 111,000 4.000 35,000 200.000 90.000 Grand 301,000 189,000 34,000 1.065,000 eBook 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 2 3 S3 231 22 for each division. (Loss amounts should be indicated by a minus sign. Do not round your answers to nearest whole dolar) Peak View Grand 13