Post Utme Bells University 2024 Commerce Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Bells University Commerce examination.

Post Utme Bells University 2024 Commerce Objective / Multiple Choice
Question 20 POST_UTME_BELLS_UNIVERSITY • 2024 • COMMERCE • objective

A firm is considering investing in a new transportation system to reduce its costs. The firm has estimated that the cost of the new system will be 100,000 and that it will save 20,000 per year in transportation costs. What is the payback period of the new system?

Answer Options

Correct Answer A. 5 years
B. 10 years
C. 15 years
D. 20 years
Correct Answer
A
Correct Option:
5 years

About This Question

This is Post Utme Bells University 2024 Commerce Question 20. It is one of the objective questions from the 2024 Post Utme Bells University Commerce examination.

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