Orange Corp, has two divisions: Fruit and Flower. The following information for the past year is available for each division Flow $ $ Fra Division 1.400.000 1. ORD.000 360,000 Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets 2.160000 1.620.000 $ 3.000.000 $ 2,160,000 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. (Enter your ROI answers as a percentage rounded to two decimal places, (..., 12.34% ) Fruit Division Flower Division ROI Residual income (Loss) 1-b. Determine which manager seems to be performing better Ft Division O Flower Division 2. Suppose Orange is investing in new technology that will increase each division's operating income by $146,000. The total investment required is $2.300.000, which will be spit evenly be Calculate the ROI and return on investment for each division of the investment is made answers as a percentage rounded to two decimal places, . 0.1234 should Fruit Division Flower Division ROI Residual income (Loss) 3. Which manager will accept the investment Fruit Division Manager Flower Division Manager