A company is considering three alternative investment projects. Accounting rate of return computations are calculated using Excel and are shown below. If the company can choose only one project, which will it choose on the basis of accounting rate of return? Potential Projects Average investment Annual income Accounting rate of return The company will choose Project A $ 35,000 Project B $ 116,000 Project C $ 70,000 $ 8,750 25% $ 32,480 28% $ 16,800 24%