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O'Mally Department Stores Is Considering Two Possible Expansion Plans

Question 74

Multiple Choice

O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,890,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,900,000 .The following information is available: O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,890,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,900,000 .The following information is available:   The payback period for the Kentucky proposal is closest to A) 3) 97 years. B) 3) 54 years. C) 3) 63 years. D) 41.43 years. The payback period for the Kentucky proposal is closest to


A) 3) 97 years.
B) 3) 54 years.
C) 3) 63 years.
D) 41.43 years.

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