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The Silverside Company is considering investing in two alternative projects: Project 1 Project 2 Investment Useful life (years) Estimated annual net cash inflows for useful

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The Silverside Company is considering investing in two alternative projects: Project 1 Project 2 Investment Useful life (years) Estimated annual net cash inflows for useful life Residual value Depreciation method Required rate of return $500,000$260,000 $110,000 $32,000 Straight-line 12% $45,000 $16,000 Straight- line 10% What is the accounting rate of return for Project 1? A. 22.00% B. 33.70% C. 10.30% OD, 15.60%

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