Orange Corp. has two divisions: Fruit and Flower. The following information for the past year is available for each division: $ $ Sales revenge Cost of goods sold and operating expenses Net operating income Average invested assets Fruit Division 1,800,000 1.440.000 360,000 ),600,000 Plover Division 2,700,000 2.925.000 675,000 2,012,500 $ S $ $ 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 $133,000. The total investment required is $2,300,000, which will be spilt evenly between the two divisions. Calculate 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. RIA Reg 18 Reg 2 Reas Com each divisi o n investment on and time for a varter Race MacBook Pro 2F23 F4 F5 F5F7F8F9