Tiberius Manufacturing is considering two alternative investment proposals with the following data: Proposal X $10,300,000 5 years $2,060,000 $60,000 Straight-line Investment Useful life Estimated annual net cash inflows for 5 years Residual value Depreciation method Required rate of return Calculate the accounting rate of return for Proposal Y. (Round any intermediate calculations and your final answer to two decimal places.) OA. 8.00% B. 2.12% OC. 11.40% OD. 13.54% Proposal Y $500,000 5 years $100,000 $28,000 Straight-line 14% 13%

Tiberius Manufacturing is considering two alternative investment proposals with the following data: Calculate the accounting rate of retum for Proposal Y. (Round any intermediate calculations and you A. 8.00% B. 2.12% C. 11.40% D. 13.54%