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

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Orange Corporation has two divisions: Fruit and Flower. The following information for the past year is available for each division: Orange has established a hurdle rate of 12 percent Required: 1-0. 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 $144,000. The total investment requised is $1,600,000, which will be split evenly between the two divisions. Calculate the ROt and residual income for each division after the investment is made. 3. Determine whether both managers will support the investment

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