Post Utme Christopher University 2021 Commerce Question 37
Practice objective / multiple choice question 37 from the 2021 Post Utme Christopher University Commerce examination.
A sole trader is considering expanding its business by opening a new branch. The new branch will require an initial investment of ₦500,000, and the sole trader expects to earn a profit of ₦200,000 per year. However, the sole trader also expects to incur additional expenses of ₦50,000 per year. What is the expected return on investment (ROI) for the new branch?
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About This Question
This is Post Utme Christopher University 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.
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