Orange Corp. has two divisions: Fruit and Flower. The following information for the past year is available for each division: Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets Fruit Division Flower Division $ 1,560,000 $ 2,300,600 1,178,60 1,255,60 $ 399. $ 55,000 $ 4,875,000 $ 2,437,500 Orange has established a hurdle rate of 6 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 performing better 2. Suppose Orange is investing in new technology that will increase each division's operating income by $125,000. The total investment required is $2.000.000, which will be sold evenly between the two divisions. Calcuate the ROI and residual income for each division after the investment is made 3. Determine whether both managers will support the investment Complete this question by entering your answers in the tabs below. RAGIA Rec 18 Roa 2 Suppose Orange is investing in new technology that will increase each division's operating income by $125.000, The total investment required is $2.000.000, which will be split evenly between the two civisions. Calculate the Roi andre dual income for each division after the investment is made inter Our Rob es b arbenta pounded to we decimal places 1.c., 0.1234 should be entered 1234 Fruit Division 2 Next >