Post Utme Esut 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Esut Commerce examination.

Post Utme Esut 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_ESUT • 2017 • COMMERCE • objective

A firm is considering investing in a new logistics system. The system will cost ₦10 million to implement and will save the firm ₦5 million per year in transportation costs. What is the payback period of the investment?

Answer Options

A. 2 years
Correct Answer B. 3 years
C. 4 years
D. 5 years
Correct Answer
B
Correct Option:
3 years

About This Question

This is Post Utme Esut 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Esut Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support