The Silverside Company is considering investing in two alternative projects:
What is the accounting rate of return for Project 2? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.)
A) 54.17%
B) 4) 17%
C) 16.67%
D) 2) 98%
Correct Answer:
Verified
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