Post Utme Joseph Ayo Babalola University 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • COMMERCE • objective

A company is considering two different investment projects. Project A has a net present value (NPV) of ₦100,000 and a payback period of 5 years. Project B has a NPV of ₦120,000 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 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Commerce examination.

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