Two mutually exclusive alternatives A and B, whose cashflows are given as follows, exist for a project. Which alternative should be selected on the basis of ROR if MARR = 10%?
B | A | N |
-$18,000 | -$4,500 | 0 |
$ 6,500 | $2,000 | 1 |
$ 9,250 | $2,700 | 2 |
$ 9,500 | $2,250 | 3 |