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eBook Show Me How Average Rate of Return The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A

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eBook Show Me How Average Rate of Return The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project Z Amount of investment $80,000 $68,000 Useful life 4 years 9 years Estimated residual value 0 0 Estimated total income over the useful life $6,400 $26,010 Determine the expected average rate of return for each project. Round your answers to one decimal place. Project A o/o Project Z

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