Post Utme Christopher University 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_CHRISTOPHER_UNIVERSITY • 2020 • COMMERCE • objective

A company has a warehouse that stores 5,000 units of a product. The company's inventory manager has estimated that the cost of holding one unit of the product in the warehouse is 5. The company's financial manager has estimated that the revenue from the sale of one unit of the product is 10. What is the company's expected profit from holding one unit of the product in the warehouse?

Answer Options

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

About This Question

This is Post Utme Christopher University 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Christopher University Commerce examination.

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