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

question 131

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 payback period for the Kentucky proposal is closest to

• A) 4.5 years.
• B) 4.8 years.
• C) 6.0 years.
• D) 7.0 years.

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Definitions:

Postmaster General

The head of the postal service, responsible for overseeing the operation of the national postal system.

Armed Whites

Refers to individuals of European descent who bear arms or weapons, usually in a historical or conflict context.

Colfax, Louisiana

A town in the US state of Louisiana, known historically for the Colfax Massacre of 1873, a violent event during the Reconstruction era.

Former Slaves

Describes individuals who were once enslaved but gained freedom, through various means such as emancipation, escape, or the end of slavery in their region.