Question: JT Engineering is considering two new projects. After using the annual rate of return method to determine the acceptability of the projects, Project A comes

 JT Engineering is considering two new projects. After using the annual

JT Engineering is considering two new projects. After using the annual rate of return method to determine the acceptability of the projects, Project A comes back with a rate of 14% and Project B comes back with a rate of 12%. If JT's required rate of return is 12% which of the following correctly describes the acceptability of these projects? O Project A is acceptable, but Project Bis unacceptable. O Both projects are acceptable, but Project Bis more attractive than Project A O Project Bis acceptable, but Project Ais unacceptable. O Both projects are acceptable, but Project A is more attractive than Project B

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