E10-8 (Algo) Evaluating Managerial Performance UsingReturn on Investment, Residual Income [LO 10-4, 10-5]Orange Corp. has two divisions: Fruit and Flower. The followinginformation for the past year Orange has established a hurdle rate of 8 percent. Required: 1-a. Compute each division's return on investment (ROI) and residual income for last year. 1-b. Determine which manager seems to be perform 2 answers