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A retail company is considering the two mutually exclusive projects given in the following table. Year Selling toys Selling kitchenware 0 -$350,000 -$300,000 1 240,000

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A retail company is considering the two mutually exclusive projects given in the following table. Year Selling toys Selling kitchenware 0 -$350,000 -$300,000 1 240,000 230,000 2 265,000 210,000 IRR 28% 30% Find the range of MARR for which the company would invest in selling kitchenware over selling toys with do-nothing alternative. (choose the closest range) MAAR

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