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The Silverside Company is considering investing in Project 1. which has the following information Investment: $500,000 Useful life (years): 8 Estimated annual net cash inflows:

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The Silverside Company is considering investing in Project 1. which has the following information Investment: $500,000 Useful life (years): 8 Estimated annual net cash inflows: $110,000 Residual value: $32,000 Depreciation method: Straight-line Required rate of return: 12% What is the accounting rate of return for Project 1? 33.70% 10.30% 15,60% 22.00%

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