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Beck Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,820,000. Under the other
Beck Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,820,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,300,000. The following information is available: The accounting rate of return for the Indiana proposal is closest to (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX\%.) A. 20.60% B. 18.15% C. 31.87% D. 32.97%
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