Use the Information Below to Answer the Following Question(s)

question 184

Multiple Choice

Use the information below to answer the following question(s) .
Williams Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,800,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,400,000. The following information is available:

-The accounting rate of return for the Indiana proposal is closest to

• A) 11.17%.
• B) 12.22%.
• C) 12.50%.
• D) 22.22%.

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Definitions:

Embezzlement

The fraudulent appropriation of the property or money of another by a person to whom it has been entrusted.

Fraudulent Appropriation

The illegal use or misallocation of funds or property that belongs to someone else without their authorization, typically with deceitful intent.

Public Order Crime

Crimes that are said to interfere with the operations of society and the ability of people to function efficiently, often involving victimless acts.

Detrimental to Society

Refers to actions or behaviors that are harmful or disadvantageous to the well-being of a community or society.