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Calculate the accounting rate of return for Proposal Y. berius Manufacturing is considering two alternative investment proposals with the following data: ProposalXProposal.Y 10,200,000 $420,000 5

Calculate the accounting rate of return for Proposal Y. image text in transcribed
berius Manufacturing is considering two alternative investment proposals with the following data: ProposalXProposal.Y 10,200,000 $420,000 5 years $99,000 $22,000 Straight-line Straight-ine 14% Investment Useful life Estimated annual net cash inflows for 5 years Residual value Depreciation method Required rate of returrm 5 years $2,040,000 $54,000 14% two decimal places) Calculate the accounting rate of return for Proposal Y. (Round any intermediate calculations and your final answer to OA, 8.78% OB. 20.58% OC. 15.15% OD, 12.85%

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