*Orange has established a hurdle rate of 10 percent.

2. Suppose Orange is investing in new technology that will increase each division's operating income by $127,000. The total investment required is $2,000,000, which will be split evenly between the two divisions. Calculate the ROl and return on investment for each division after the investment is made. (Enter your ROI answers as a percentage rounded to two decimal places,(.e., 0.1234 should be entered as 12.34%.)) Fruit Division Flower Division ROI Residual Income (Loss) 3. Which manager will accept the investment. Fruit Division Manager Flower Division Manager Orange Corp. has two divisions: Fruit and Flower. The following information for the past year is available for each division: Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets Fruit Division Flower Division $1,620,000 $ 2,430,000 1.134,000162200 $486,000607,500 $4,050,000 $2,430,000