Use the information below to answer the following question(s).
The Warren Company is considering investing in two alternative projects:

-What is the accounting rate of return for Project 1?

Question

Use the information below to answer the following question(s).
The Warren Company is considering investing in two alternative projects:
 
-What is the accounting rate of return for Project 1?

Quizplus · Accepted Answer

Project 1 has an accounting rate of return of 6.25%, while Project 2 has an accounting rate of return of only 1.88%. Therefore, the best choice would be to invest in Project 1.

Use the Information Below to Answer the Following Question(s)