Sales at present stores average $0.5 million per store with labor and materials averaging 40% of revenues. Overhead including rent, management and general maintenance is $250,000 per store and this is not expected to change with either option. The MARR used for investment proposals is 12% and the tax rate is 30%. Using a 5-year time span, which project should be selected based on present worth. State any needed assumptions.,,See attached spreadsheet
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