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Orange Corp has two divisions: Fruit and Flower. The following information for the past year is available for each division Fruit Division Flower Division $
Orange Corp has two divisions: Fruit and Flower. The following information for the past year is available for each division Fruit Division Flower Division $ 1.260,000$ 1,890,000 Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets 945.0001323 000 567.000 S 6,300,000 2,362,500 S 315,000 $ Orange has established a hurdle rate of 4 percent Required: 1-a. Compute each division's return on investment (ROI) and residual income for last year (Enter your ROl answers as a percentage rounded to two deci entered as 12.34%.)) Fruit Division Flower Division ROI 1-b. Determine which
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