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The capital investment committee of Overnight Express Inc. is considering two investment projects. The estimated income from operations and net cash flows from each investment

The capital investment committee of Overnight Express Inc. is considering two investment projects. The estimated income from operations and net cash flows from each investment are as follows:The capital investment committee of Overnight Express Inc. is considering two investment projects. The estimated income from operations and net cash flows
from each investment are as follows:
The Distribution Center Expansion requires an investment of $360,000 while the Internet Tracking Technology requires an investment of $342,000. Straight-line
depreciation will be used, and no residual value is expected for either project.The Distribution Center Expansion requires an investment of $360,000 while the Internet Tracking Technology requires an investment of $342,000. Straight-line depreciation will be used, and no residual value is expected for either project.
Required:
1. Compute the average rate of return for each investment. Round to one decimal place.
Line Item Description Average Rate of Return
Distribution Center Expansion fill in the blank 1
%
Internet Tracking Technology fill in the blank 2
%
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