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The following data are for the Akron Division of Consolidated Rubber, Incorporated Sales Net operating income Average operating assets Stockholders' equity Residual income $ 860,

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The following data are for the Akron Division of Consolidated Rubber, Incorporated Sales Net operating income Average operating assets Stockholders' equity Residual income $ 860, eee $ 67,000 $ 30,000 $ 86,000 $ 26,eee 3 For the past year, the minimum required rate of return was: Multiple Choice 52.00 11.39% O 26.92 7.79%

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