Gum Company is considering buying a piece of equipment that will cost $232,000 and have no salvage value. The net present value of the equipment was calculated to be $95,700 using a cost of capital of 12%. The equipment has a payback period of 4 years. Ignore the effects of taxes in your calculations. The accounting rate of return on the equipment is equal to: You will need to use the present value table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to weeks 13 and 14. Click on the link labeled present value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Gum Company is considering buying a piece of equipment that will cost $232,000 and have no salvage value. The net present value of the equipment was calculated to be $95,700 using a cost of capital of 12%. The equipment has a payback period of 4 years. Ignore the effects of taxes in your calculations. The accounting rate of return on the equipment is equal to: You will need to use the present value table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to weeks 13 and 14. Click on the link labeled present value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20%