13 W Exercise 24-5 (Algo) Accounting rate of return LO P2 Information for two alternative projects involving machinery investments follows: Project 1 $ (127,000) Initial investment Salvage value Annual income a. Compute accounting rate of return for each project. b. Based on accounting rate of return, which project is preferred? Required A Required B Complete this question by entering your answers in the tabs below. 0 15,875 Project 1 Project 2 Compute accounting rate of return for each project. Annual income Required B

Exercise 24-5 (Algo) Accounting rate of return LO P2 Information for two altemative projects involving machinery investments follows a. Compute accounting rate of return for each project. b. Based on accounting rate of return, which project is preferred? Complete this question by entering your answers in the tabs below. Compute accounting rate of return for each project