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The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project 2 Amount of investment $76,000 $52,000 Useful
The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project 2 Amount of investment $76,000 $52,000 Useful life 4 years 7 years Estimated residual value 0 Estimated total income over the useful life $9,120 $18,200 Determine the expected average rate of return for each project. Round your answers to one decimal place. 0 % Project A Project Z % Accounting numeric field
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