EX 12-7 Net present value method The following data are accumulated by Waiola Company in evaluating the purchase of $200,000 of equipment, having a 4-year useful life: a. Assuming that the desired rate of return is 15%, determine the net present value for the proposal. Use the present value table appearing in Exhibit 2 of this chapter. b. Would management be likely to look with favor on the proposal? Explain