Average Rate of Return Clancy Company is considering the purchase of equipment for $110,000. The equipment will expand the company's production and increase revenue by 534.000 per year, Arual cash operating expenses will increase by 1.000 These en 10 years with no savage au Caneye geline depreciation. The income tax rate is 35. What is the average rate of return on the investment Donegative with your answers 1 Preta Round answer to the nearest whole percent applicable Average rate of return on investment Ched