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

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The Silverside Company is considering investing in two alternative projects: Investment Useful life (years) Estimated annual net cash inflows for useful life Residual value Depreciation method Required rate of return Project 1 $300,000 6 $150,000 $36.000 Straight-line 10% Project 2 $240,000 5 $60,000 $10,000 Straight-line 9% What is the accounting rate of return for Project 1? O A. 50.00% OB. 35.33% OC. 38,00% OD. 64.67%

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