Post Utme Bsu 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Bsu Commerce examination.

Post Utme Bsu 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_BSU • 2018 • COMMERCE • objective

A firm is considering investing in a new project. The project has a net present value (NPV) of ₦1,000,000 and a payback period of 5 years. What is the main advantage of this project?

Answer Options

A. High NPV
Correct Answer B. Short payback period
C. High return on investment (ROI)
D. Low risk
Correct Answer
B
Correct Option:
Short payback period

About This Question

This is Post Utme Bsu 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Bsu Commerce examination.

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