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Tiberius Manufacturing is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $10,100,000 $450,000 Useful life 5 years 5 years

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Tiberius Manufacturing is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $10,100,000 $450,000 Useful life 5 years 5 years Estimated annual net cash inflows for 5 years $2,020,000 S102,000 Residual value $57,000 $28,000 Depreciation method Straight-line Straight-line Required rate of return 12% 14% Calculate the accounting rate of return for Proposal Y. (Round any intermediate calculations and your final answer to two decimal places.) O A. 15.00% OB. 11.76% O C. 18.03% O D. 7.36% Click to select your

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