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Orange has established a hurdle rate of 7 percent. Required: 1-a. Compute each division's return on investment (ROI) and residual income for last year. (Enter

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Orange has established a hurdle rate of 7 percent. Required: 1-a. Compute each division's return on investment (ROI) and residual income for last year. (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 $130,000. The total investment required is $2,000,000, 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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