An investment center in Shellforth Corporation was asked to identify three proposals for its capital budget. Details of those proposals are as follows.

Capital Budget Proposals - A - Capital required $96,000 - B - $60,000- C - $180,000

A - Annual operating return24,960 - B -20,400 - C - 16,200

Shellforth uses residual income to evaluate all capital budgeting projects. Its minimum required return is 10 percent.

Assume your investment center's current ROI is 18 percent and that the president of Shellforth is thinking about using ROI for the investment center's evaluation. Calculate the ROI for each project?