A company is evaluating three possible investments. Each uses straight-line method of depreciation. Following information is provided by the company. 
What is the accounting rate of return for Project C?
Definitions:
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing between options.
Capital
Economic resources that are used to create goods and services, such as buildings, machinery, and equipment.
Accounting Profit
Total revenue minus total explicit cost
Economic Profit
The distinction in the amount between total sales and all costs, inclusive of apparent and implied expenses.
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