Post Utme Crawford University 2017 Commerce Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2017 Commerce Objective / Multiple Choice
Question 25 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • COMMERCE • objective

A firm is considering exporting its goods to a foreign country. The firm expects to earn a profit of ₦1 million per year from the export, but it also expects to incur a cost of ₦500,000 per year in transportation and marketing. What is the net profit earned by the firm from the export?

Answer Options

A. ₦500,000
Correct Answer B. ₦750,000
C. ₦1 million
D. ₦1.5 million
Correct Answer
B
Correct Option:
₦750,000

About This Question

This is Post Utme Crawford University 2017 Commerce Question 25. It is one of the objective questions from the 2017 Post Utme Crawford University Commerce examination.

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