O'Mally Department Stores Is Considering Two Possible Expansion Plans

question 87

Multiple Choice

O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,810,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,000,000. The following information is available: The accounting rate of return for the Indiana proposal is closest to (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.)

• A)23.67%.
• B)22.74%.
• C)38.67%.
• D)34.25%.

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Definitions:

Formal Operational

The final stage in Piaget's cognitive development theory, characterized by the ability to think abstractly, reason logically, and manage problems systematically.

Egocentrism

A cognitive characteristic where an individual is unable to distinguish between their own perspective and that of others, often seen in early childhood development.

Pretend Play

A form of play among children where they imitate roles and activities of people around them or characters from stories, as a way to make sense of the world.

Conservation

In psychology, the ability to understand that certain properties of objects, like volume or mass, remain unchanged even when their forms or appearances change, typically associated with Piaget's stages of cognitive development.