E10-9 (Algo) Evaluating Managerial Performance Using Return on Investment, Residual Income (LO 10-4, 10-5] 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: $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak 333,000 $ 207,000 44,000 1,330,000 View Grand 222,000 $ 305,000 103,000 196,000 35,000 38,000 870,000 1,215,000 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 % % %