Redwood Corporation is considering two alternative investment proposals with the following data: What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.)

Question

Redwood Corporation is considering two alternative investment proposals with the following data:  What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.)

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The Answer of Redwood Corporation is considering two alternative investment proposals with the following data:  What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.)

Redwood Corporation Is Considering Two Alternative Investment Proposals with the Following