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:

Nanjing

The capital city of Jiangsu Province in China, known historically for events such as the Nanjing Massacre during the Second Sino-Japanese War.

French Defeat

Refers typically to significant military losses by France, such as the 1940 defeat by Germany in World War II.

Doolittle Raid

A military operation during World War II where US bombers led by Lieutenant Colonel James Doolittle conducted an air raid on Tokyo and other Japanese cities in 1942.

Holocaust

The mass murder of six million Jews and millions of others by Nazi Germany and its collaborators during World War II.