Carr Company Is Considering Two Capital Investment Proposals The Company Requires a 10% Rate of Return on All

Carr Company is considering two capital investment proposals.Estimates regarding each project are provided below: $\begin{array}{lll}&\underline{\text { Project Soup }}&\underline{ \text { Project Nuts} }\\\text { Initial investment } & \$ 270,000 & \$ 600,000 \\\text { Annual net income } & 27,000 & 45,000 \\\text { Net annual cash inflow } &90,000 & 142,000 \\\text { Estimated useful life } & 5 \text { years } & 6 \text { years } \\\text { Salvage value } & -0 \text { - } & -0 \text { - }\end{array}$

The company requires a 10% rate of return on all new investments.
$\quad$$\quad$$\text { Present Value of an Annuity of } 1$
$\begin{array}{lllll}\underline{\text { Periods }} &\underline{9 \%} &\underline{10 \%}&\underline{11 \%} & \underline{12 \%}\\5 &3.890 & 3.791 & 3.696 &3.605 \\6 & 4.486 & 4355 & 4.231 & 4.111\end{array}$ The annual rate of return for Project Soup is

A) 13.3%.
B) 20%.
C) 33.3%.
D) 30%.