answer the wuestion below

The following data are for the Akron Division of Consolidated Rubber, Incorporated: Sales Net operating income Average operating assets Stockholders' equity Residual income $ 910,000 $ 77,000 $ 410,000 $ 91,000 $ 31,000 For the past year, the minimum required rate of return was: Multiple Choice 11.22% 62.00% 8.46% 31.13%