Post Utme Bsu 2019 Economics Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice
Question 9 POST_UTME_BSU • 2019 • ECONOMICS • objective

A firm is considering investing in a new project with a payback period of 5 years. The initial investment is ₦5,000,000. Calculate the annual cash inflow required to break even.

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,200,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,200,000

About This Question

This is Post Utme Bsu 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

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