Simple rate of return Question 2 5 pts The following Py factors are available for your use. Choose the correct ones to answer this question: PV of $1 PV of an Ordinary Annuity 5 periods at 12%-3.605 5 periods at 12%-567 12 periods at 5%-.557 12 periods at 5%-8.863 Churchill Corporation is trying to decide whether to lease or purchase a piece of equipment they need for the next 5 years. The purchase price of the equipment is $100,000, maintenance costs would be $10,000 per year and the expected salvage value is $20,000. A lease option would cost $30,000 per year for five years and would include all maintenance If Churchill's required rate of return is 12% they should: buy the equipment as the present value of all cash flows would be about $16.500 less than leasing it buy the equipment as the present value of all cash flows would be about $66,000 less than leasing it lease the equipment as the present value of all cash flows would be about $16.500 less than buying it lease the equipment as the present value of all cash flows would be about $66.000 less than buying it Question 3 5 pts ich of the following transactions would NOT be reported in the investing section of the statement