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Information for two alternative projects involving machinery Investments follows: Tnitial Investment Salvage value Amal Income Project $ (134,00) 18,760 Project 2 5 (100,000) 14.ee 15,930 a. Compute accounting rate of return for each project. b. Based on accounting rate of return, which project is preferred? Complete this question by entering your answers in the tabs below. ReN quindi Compute accounting rate of return for each project. Accounting of Return Numerato Denominator Accounting of Project 1 Project 2 Reguleed Information for two alternative projects involving machinery Investments follows: Project $ (134,000) Initial investment Salvage value Annual income Project 2 $ (164,000) 14,000 15,930 18,760 a. Compute accounting rate of return for each project. b. Based on accounting rate of return, which project is preferred? Complete this question by entering your answers in the tabs below. Required A Required B Compute accounting rate of return for each project: Accounting Rate of Return Denominator Nunerator Accounting rate of return Project 1 Project 2 Information for two alternative projects involving machinery Investments follows: Initial investment Salvage value Annual income Project 1 $ (134,000) 6 18,760 Project 2 $ (104,000) 14,600 15,930 a. Compute accounting rate of return for each project. b. Based on accounting rate of return, which project is preferred? Complete this question by entering your answers in the tabs below. Required A Required B Based on accounting rate of return, which project is preferred? Based on accounting rate of return. is preferred