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Redwood Corporation is considering two alternative Investment proposals with the following data Proposal X 8 years $125,000 ProposalY $450,000 8 years 89,000 Straight-line Straight-line Useful

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Redwood Corporation is considering two alternative Investment proposals with the following data Proposal X 8 years $125,000 ProposalY $450,000 8 years 89,000 Straight-line Straight-line Useful life Estimated annual net cash inflows for 8 years Residual value Depreciation method Required rate of return $49,000 What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, XXX%) OA. 7.28% B. 2.23% OC. 14.04% OD, 1.54% MacBook Air F12 F7 2 delete

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