Post Utme Lasu 2021 Commerce Question 11
Practice objective / multiple choice question 11 from the 2021 Post Utme Lasu Commerce examination.
A company is considering two production processes for its new product. Process A requires an initial investment of ₦1.5 million and generates an annual profit of ₦750,000. Process B requires an initial investment of ₦2 million and generates an annual profit of ₦1.2 million. If the company expects to operate for 5 years, which process should it choose?
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About This Question
This is Post Utme Lasu 2021 Commerce Question 11. It is one of the objective questions from the 2021 Post Utme Lasu Commerce examination.
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