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Orange Corp. has two divisions: Fruit and Flower. The following information for the past year is avaliable for each division: Orange has established a hurdle

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Orange Corp. has two divisions: Fruit and Flower. The following information for the past year is avaliable for each division: Orange has established a hurdle rate of 12 percent. Required: 1-a. Compute each division's return on investment (ROI) and residual income for last yeat, (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) 1-b. Determine which manager seems to be performing better. Fruit Division Flower Division 2. Suppose Orange is investing in new technology that will increase each division's operating income by $144,000. The total investment required is $1,600,000, which will be split evenly between the two divisions. Calculate the ROI and return on Investment for each division after the investment is made. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.) 3. Which manager will accept the investment

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