Orange Corporation has two divisions; Fruit and Flower. The foliowing information for the past year is avallable for each division: Orange has established a hurdle rate of 6 percent. Required: 1-6. Compute each division's return on investment (ROI) and residual income for last yeat. 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 $122,000. The total irwestment required is $1,600.000, which will be split evenly between the two divisions. Calculate the ROI and residual income for each division after the investment is made: 3. Determine whether both managers wil support the investment. Complete this auestion by entering your answers in the tabs below. Cempute each division : retum en investment (hot) and residual income for last year. Orange Corporation has two divisions: Fruit and Flower. The following information for the past year is avallable for eac Orange has established a hurdle rate of 6 percent. Requlred: 1-a. Compute each division's retum 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 $122,000. The Investment required is $1,600,000, which will be split evenly between the two divisions. Calculate the ROI and residual 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. Determine which manager seems to be performing better. Orange Corporation 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 6 percent. Required: 1-0. Compute each division's return on investment (RO) 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 $122,000. The total Investment required is $1,600,000, which will be spit 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. Suppose Orange is investing in new technology that will increase each division's operating income by $122,000. The total investment required is $1,600,000, which will be split evenly between the two divisions. Calculate the Rol and residual income for each division after the investment is made. Notes Enter your ROT answeri as a percentage rounded to two decimal places, (i.e.. 0.1234 should be entered as 12,34\%k.) Orange Corporation has two divisions: Fruit and Flower. The following information for the past year is avatlable for each division: Orange has established a hurdle rate of 6 percent. Required: 1-6. 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 $122,000. The total imvestment required is $1,600,000, which will be spit eveniy 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 vour answers in the tabs below. Determine whether both managers will support the investment