Post Utme Ksu 2020 Economics Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Ksu Economics examination.

Post Utme Ksu 2020 Economics Objective / Multiple Choice
Question 22 POST_UTME_KSU • 2020 • ECONOMICS • objective

A firm is considering investing in a new project with the following cash flows: Year 0: -$100,000; Year 1: $50,000; Year 2: $70,000; Year 3: $90,000. U\sing the net present value (NPV) method, determine whether the project is profitable if the discount rate is 10%.

Answer Options

Correct Answer A. Profitable
B. Unprofitable
C. Break-even
D. Insufficient information
Correct Answer
A
Correct Option:
Profitable

About This Question

This is Post Utme Ksu 2020 Economics Question 22. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.

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