A food processing company is considering two types of moisture analyzers. Only one can be selected.
The company expects an infrared model to yield a rate of return of 27% per year. A more expensive microwave model will yield a rate of return of 22% per year. If the company's MARR is 19% per year, can you determine which model should be purchased solely on the basis of the overall rate of return information provided? Why or why not?