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:

Piagetian Stage

Refers to the phases in Jean Piaget's theory of cognitive development, outlining how children's understanding of the world changes as they grow.

Egocentric

Having or regarding the self as the center of all things, often incapable of fully understanding or acknowledging the perspectives of others.

Preoperational

A stage in Jean Piaget's theory of cognitive development, typically from ages 2 to 7, where children start to use language and symbols but do not yet understand concrete logic or the principle of conservation.

Piaget

Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in child development and cognitive theory.