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Toy Universe Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million. Each machine has

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Toy Universe Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1 million. Each machine has a five-year life and zero residual value. The two products have different pattems of predicted net cash inlows (Click the icon to view the data.) Calculate the toy action figure project's ARR. If the toy action figure project had a residual value of $200,000, would the ARR change? Explain and recalculate if necessary. Does this investment pass Toy Universe's ARR screening rule? First, enter the formula, then compute the ARR of the toy action figure project. (Enter amounts in dollars, not millions. Enter your answer as a percert rounded to two decimal places.) Accounting - rate of return Choose from any drop-down list and then click Check Answer Check Answer parts remaininn Clear All javascript:doExercise(2); Annual Net Cash Inflows Year Toy action Sandbox toy figure project project 50 S 530,000 306,6 306,650 375,000 306,650 330,000 2 4 306,650 250,000 20,000 1,533,250 1,505,000 306,650 Total Toy Universe will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8% list Print Done

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