Post Utme Christopher University 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2021 Commerce Objective / Multiple Choice
Question 40 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering investing in a new production process. The new process will require an initial investment of ₦1,000,000, and the company expects to earn a profit of ₦500,000 per year. However, the company also expects to incur additional expenses of ₦100,000 per year. What is the expected return on investment (ROI) for the new process?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Christopher University 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.

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