Post Utme Babcock University 2022 Commerce Question 33
Practice objective / multiple choice question 33 from the 2022 Post Utme Babcock University Commerce examination.
A company is considering the use of a new transportation mode to reduce its logistics costs. The new mode is expected to reduce the company's transportation costs by 20%, but it will also require an additional investment of ₦50 million to implement. If the company's current transportation costs are ₦200 million per year, what is the expected payback period of the new transportation mode?
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About This Question
This is Post Utme Babcock University 2022 Commerce Question 33. It is one of the objective questions from the 2022 Post Utme Babcock University Commerce examination.
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