Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. Dandy's has narrowed their choices down to two: the VWacky Water Race game and the Whack-A-Mole game Financial data about the two choices follows Wacky Water Race $32,000 Whack-A- Mole $29,000 Investment Useful life Estimated annual net cash inflows for 6 years Residual value Depreciation method $8,719 $0 straight line $7,784 SO straight- line If internal rate of return is used to decide which prdect the decision would be? Choose Whack-A-Mole which is 6% higher Choose Wacky Water Race which is 8% lower Choose whack-A-Mole which is 58% higher Choose whack-A-Mole which is 8% higher 0 A. B. C. 0 D. The Silverside Company is considering investing in two alternative projects: Proiect Projedt 2 Project 2 $500.000$240.000 Useful life (years) Estimated annual net cash infiows for useful life Residual value Depreciation method Required rate of return $120,000 $32,000 Straight - line 11% $40,000 $10,000 Straight- line 8% What is the accounting rate of return for Project 2? (Round any intermediary calculations to the nearest dolilar, and round your final answer to the If accounting rate of return is used to select the project which project would be chosen? nearest hundredth of a percent. X.XX%.) 0 A. 2.38% and choose Project 2 O B 2 38% and choose Project 1 2.98% and choose Project 1 298% and choose Project 2 C. D