Post Utme Ims U 2022 General Studies Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Ims U General Studies examination.

Post Utme Ims U 2022 General Studies Objective / Multiple Choice
Question 23 POST_UTME_IMS_U • 2022 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a net present value (NPV) of ₦1,000,000 and a payback period of 5 years. What is the implication of this information for the company?

Answer Options

Correct Answer A. The project is profitable and should be invested in
B. The project is unprofitable and should not be invested in
C. The project is neutral and the decision depends on other factors
D. The project's profitability cannot be determined
Correct Answer
A
Correct Option:
The project is profitable and should be invested in

About This Question

This is Post Utme Ims U 2022 General Studies Question 23. It is one of the objective questions from the 2022 Post Utme Ims U General Studies examination.

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