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The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals Average' Rat:ot' Return The following data are accumulated by Watershed

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The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals

Average' Rat:ot' Return The following data are accumulated by Watershed evaluating two competing capital investment proposals: Amount of investment lite Estimated residual value Esomated total income over the useful lite Project A $96,000 years $8,640 project Z $88,000 7 years' $27, 720 D&rmine the expected average rate ot return for each project. Round Vour answers to one decima/ iace. Project A Project Z

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