Post Utme Abu 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Abu Commerce examination.

Post Utme Abu 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2020 • COMMERCE • objective

A sole trader is considering the purchase of a new piece of equipment for their business. The equipment will cost ₦50,000 and is expected to increase revenue by ₦20,000 per month. Which of the following is a key consideration for the sole trader?

Answer Options

Correct Answer A. The potential impact on the company's cash flow
B. The level of competition in the market
C. The availability of resources for the purchase
D. The potential for the equipment to increase the company's market share
Correct Answer
A
Correct Option:
The potential impact on the company's cash flow

About This Question

This is Post Utme Abu 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Abu Commerce examination.

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