The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A
Posted: Mon May 30, 2022 7:15 am
The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project Z Amount of investment $24,000 $88,000 Useful life 4 years 7 years Estimated residual value 0 0 Estimated total income over the useful life $2,160 $23,100 Determine the expected average rate of return for each project. Round your answers to one decimal place. Project A % Project Z %