Use the information below to answer the following question(s) .
Latimer Corporation is considering two alternative investment proposals with the following data:
-What is the accounting rate of return for Proposal Y at Latimer Corporation?
Definitions:
Revenue
The total amount of money received from the sale of goods or services, as well as from related business activities.
Sales
The activity or process of selling products or services in exchange for money; transactions between buyers and sellers.
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