Post Utme Joseph Ayo Babalola University 2019 Commerce Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2019 Commerce Objective / Multiple Choice
Question 19 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering two investment projects, A and B. Project A has a net present value (NPV) of 100,000 and a payback period of 5 years. Project B has a NPV of 150,000 and a payback period of 3 years. Which project should the company choose?

Answer Options

A. Project A
Correct Answer B. Project B
C. Both projects are equally attractive
D. Neither project is attractive
Correct Answer
B
Correct Option:
Project B

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Commerce Question 19. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

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