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

question 35

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 net present value of the Kentucky proposal is closest to

• A) $672,500.
• B) $677,300.
• C) $684,600.
• D) $703,380.

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Definitions:

Level Of Production

The quantity of goods or services produced within a given period by a company, industry, or country.

Market Equilibrium Price

The price at which the quantity of goods supplied equals the quantity of goods demanded in a market.

Market Share

The portion of a market controlled by a particular company or product.

Revenue

The total amount of money generated by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.