eva on Quiz: Chapter 12 Graded Quiz Question 4 of 5 (> This quiz: 10 point(s) possible This question: 2 point(s) possible The Post Company is considering investing in two alternative projects: Project 1 Project 2 Investment $700,000 $210,000 Useful life ( years ) 00 Estimated annual net cash inflows for useful life $100,000 $40,000 Residual value $35,000 $18,000 Depreciation method Straight - line Straight - line Required rate of return 14% 8% What is the accounting rate of return for Project 2? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.) O A. 7.62% O B. 56.19% O C. 8.57% O D. 19.05% Time Re