(Solved): Beck Department Stores is considering two possible expansion plans. One proposal involves opening ...

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. \( 32.97 \% \)