Suomi Check my work 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 $ 1,380, Bee $ 2.070, eee 1,035, eee 1,552,5ee 345, eee $ 517.500 $ 2.875, eee $ 2,070,eee Orange has established a hurdle rate of 8 percent. Required: 1-a. 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 $144,000. The total investment required is $2,200,000, 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 will support the investment Complete this question by entering your answers in the tabs below. Lo S g Mew we 729AGO Help Orange has established a hurdle rate of 8 percent. Required: 1-a. 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 $144,000 investment required is $2,200,000, which will be split evenly between the two divisions. Calculate the ROI and res 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. Req TA Reg 1B Reg 2 Req3 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%.)) Fruit Division Flower Division ROI Residual Income (Loss) Call UIVISIOIT are the livestre L IS Haue. 3. Determine whether both managers will support the investment. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 2 Req3 Suppose Orange is investing in new technology that will increase each division's oper investment required is $2,200,000, which will be split evenly between the two divisio income for each division after the investment is made. (Enter your ROI answers as a places, (i.e., 0.1234 should be entered as 12.34%.)) Fruit Division Flower Division ROI Residual Income (Loss)