Question 17 of 20 View Policies Current Attempt in Progress < -/0.35 Pharoah Corporation's Southern region operates as an investment center. The division's director is considering investing in machinery which costs of $100000 and is expected to generate $49000 in additional operating income. If the residual income for the equipment is $31000, what is the division's required rate of return? 31% O 18% O 49% O None of these answer choices are correct Save for Later Attempts: 0 of 1 used Submit Answer