E10-8 (Algo) Evaluating Managerial Performance Using Return on Investment, Residual Income [LO 10-4, 105] 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 6 percent. Required: 1-6. Compute each division's return on investment (ROl) and residual income for last year 1-b. Determine which manager seems to be pertorming bettet. 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 split evenly between the two divisions. Caiculate 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. Compul Con's return of investiment (Fot) and resicual ifcoma for last year E10-8 (Algo) Evaluating Managerial Performance Using Return on Investment, Residual Income [LO 10-4, 10.5] 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 6 percent. Required: 1-a. Compute each division's return on investment (ROl) and residual income for last year. 1-b. Determine which manager seems to be pertorming 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 inverting in new technology that will increase each division's operating income by 5122,000 . The total investment required is $1,600,000, which will be split evenly between the twa divilons. Calculate the ROI and residual income for each division after the investrment is thade, E10-8 (Algo) Evaluating Managerial Performance Using Return on Investment, Residual Income [LO 10-4, 10.5] 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 6 percent. Required: 1-a. Compute each division's return on investment (RO ) and residuat income for last yeac. 1-b. Determine which managet seems to be performing bettet. 2. Suppose Orange is imvesting in new technology that will increase eoch division's operating income by $122,000. The total imvestment required is $1,600,000, which wil be split evenly between the two divisions. Calculate the ROl 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. Detsrmine whecher both managers will support the iovestineht