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.

Understand the concept and usage of collection classes in Java.

Recognize and utilize Java syntax related to varargs.

Implement sorting algorithms on arrays.

Design and implement Java programs that perform calculations, like averaging values in an array.

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Definitions:

Offshoring

The relocation of a business process or operation from one country to another, typically to leverage lower labor costs.

Specialization

The process by which individuals, businesses, or countries focus on producing a limited range of goods or services to gain greater efficiency and productivity.

Trade Barriers

Measures such as tariffs, quotas, and regulations implemented by governments to control international trade and protect domestic industries.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries.